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Tue 21 Sep 2004, 8:32 DIRECTORS SHARE DEALINGS
GRINDROD LIMITED - DIRECTORS SHARE DEALINGS                                     
GRINDROD LIMITED                                                                
(Registration number: 1966/0009846/06)                                          
Share code: GND          ISIN: ZAE000052247                                     
DIRECTORS SHARE DEALINGS                                                        
In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE        
Listings Requirements the following should be noted:                            
Director                      :    L R Stuart-Hill                              
Nature of transaction         :    Sale of shares                               
Nature of interest            :    Indirect beneficial                          
Date, price amount            :    As scheduled below                           
Clearance obtained            :    Yes                                          
Grindrod ordinary shares                                                        
Date                          Price               No. of shares                 
17 September 2004             2340 c              33 077                        
17 September 2004             2350 c              91 923                        
21 September 2004
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