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Fri 7 Apr 2006, 16:37 Grindrod Limited - Directors share dealings
GND   GNDP
 GND                                                                             
Grindrod Limited - Directors share dealings                                     
GRINDROD LIMITED                                                                
(Registration number: 1966/0009846/06)                                          
Share code: GND & GNDP                                                          
ISIN: ZAE000072328 & ZAE000071106                                               
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:                            
1.   Director                 :    IAJ Clark                                    
Nature of transaction         :    Sale of Cash Settled call options            
Nature of interest            :    Indirect beneficial                          
Date of transaction           :    7 April 2006                                 
Date, price amount            :    As scheduled below                           
Clearance obtained            :    Yes                                          
Class of share                :    Grindrod Ordinary Shares                     
Date(1)        Strike Price   Effective      No. of shares  Expiry date         
                              Spot Price                                        
29 April 2004  5.14           13.51          2,500,000      14 April 2006       
29 April 2004  5.14           13.51          2,500,000      28 April 2006       
29 April 2004  5.14           13.51          1,455,045      12 May 2006         
(1)  Date on which call options were purchased and announced on 30 April 2004   
2.   Nature of transaction    :    Purchase of shares through physical          
                                   settlement of call options                   
Nature of interest            :    Indirect beneficial                          
Date of transaction           :    7 April 2006                                 
Date, price amount            :    As scheduled below                           
Clearance obtained            :    Yes                                          
Class of share                :    Grindrod Ordinary Shares                     
Date(1)        Strike Price        No. of shares       Expiry date              
29 April 2004  5.14                1,044,955           12 May 2006              
  (1)  Date on which call options were purchased and announced on 30 April 2004 
7 April 2006                                                                    
Date: 07/04/2006 04:37:07 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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