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Fri 6 May 2005, 10:43 Directors Share Dealings
Grindrod Limited - Directors Share Dealings                                     
Grindrod Limited                                                                
(Registration number: 1966/0009846/06)                                          
Share code: GND          ISIN: ZAE000052247                                     
In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE        
Listings Requirements the following should be noted:                            
1.   Director                 :    I A J Clark                                  
Nature of transaction    :    Exercise of share option                     
     Nature of interest       :    Direct beneficial                            
     Date, price amount       :    As scheduled below                           
     Clearance obtained       :    Yes                                          
Grindrod ordinary shares                                                        
Date exercised      Option price   No. of shares                                
5 May 2005          R1,50          20 000                                       
2.   Director                 :    T J T McClure                                
Nature of transaction    :    Exercise of share option                     
     Nature of interest       :    Indirect beneficial                          
     Date, price amount       :    As scheduled below                           
     Clearance obtained       :    Yes                                          
Grindrod ordinary shares                                                        
Date exercised      Option price   No. of shares                                
5 May 2005          R1,50          38 000                                       
3.   Director                 :    L R Stuart-Hill                              
Nature of transaction    :    Exercise of share option                     
     Nature of interest       :    Indirect beneficial                          
     Date, price amount       :    As scheduled below                           
     Clearance obtained       :    Yes                                          
Grindrod ordinary shares                                                        
Date exercised      Option price   No. of shares                                
5 May 2005          R1,50          10 000                                       
4.   Director                 :    D A Rennie                                   
Nature of transaction    :    Exercise of share option                     
     Nature of interest       :    Indirect beneficial                          
     Date, price amount       :    As scheduled below                           
     Clearance obtained       :    Yes                                          
Grindrod ordinary shares                                                        
Date exercised      Option price   No. of shares                                
5 May 2005          R1,50          40 000                                       
5.   Director                 :    J G Jones                                    
Nature of transaction    :    Exercise of share option                     
     Nature of interest       :    Indirect beneficial                          
     Date, price amount       :    As scheduled below                           
     Clearance obtained       :    Yes                                          
Grindrod ordinary shares                                                        
Date exercised      Option price   No. of shares                                
5 May 2005          R1,50          8 000                                        
6 May 2005
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