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Wed 8 Nov 2006, 14:41 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                                               
In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE        
Listings Requirements the following should be noted:                            
Director                 :    W M Grindrod                                      
Nature of transaction    :    Zero cost collar to expire as scheduled below     
Nature of interest       :    Indirect beneficial                               
Date, price amount       :    As scheduled below                                
Clearance obtained       :    Yes                                               
Class of Share           :    Grindrod Ordinary Shares                          
Date                       7 November 2006                                      
Put Strike                 R14,50                                               
Call Strike                R16,19 - R17,63                                      
No.of shares               7 366 465                                            
Expiry date                7 November 2008 to 7 May 2010                        
8 November 2006                                                                 
Date: 08/11/2006 02:41:03 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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