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Fri 21 May 2004, 9:55 Change Of Auditors
Grindrod Limited - Change Of Auditors 

Release Date: 21/05/2004 09:26:00      Code(s): GND        
GRINDROD LIMITED - CHANGE OF AUDITORS                                           
Grindrod Limited                                                                
(Registration number: 1966/0009846/06)                                          
JSE Share code: GND                                                             
ISIN: ZAE000052247                                                              
CHANGE OF AUDITORS                                                              
The Board of Grindrod Limited wishes to announce that Morrison Murray have      
decided to stand down as the group`s auditors after a 47 year association with  
the group.  Morrison Murray has made a strategic decision to focus on smaller   
unlisted owner managed businesses.                                              
The Grindrod Limited Board is pleased to announce the appointment of Deloitte & 
Touche as the group`s auditors with immediate effect.  Deloitte & Touche        
currently audit the group`s freight and financial services division and with    
their knowledge of the group and experience in the shipping industry, the Board 
is confident that they will effectively carry out this function.                
Durban                                                                          
20 May 2004                                                                     
Sponsors                                                                        
Exchange Sponsors (Pty) Limited                                                 
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