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Thu 9 Nov 2006, 10:21 Glenrand M.I.B - Granting and acceptance of share
GMB
 GMB                                                                             
Glenrand M.I.B - Granting and acceptance of share options                       
Glenrand M.I.B Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/008001/06)                                            
Share Code: GMB & ISIN:  ZAE000078010                                           
("Glenrand M.I.B")                                                              
GRANTING AND ACCEPTANCE OF SHARE OPTIONS                                        
In compliance with rule 3.63 to 3.74 of the JSE Limited Listing Requirements,   
the following information is disclosed:                                         
Name of Company secretary:              Elva Price                              
Designation:                            Group Secretary of Glenrand M.I.B       
Date of acceptance of options:          8 November 2006                         
Strike price:                           R1,55 per option                        
Number of options granted and accepted: 100 000                                 
Value of options granted and accepted:  R155 000                                
Nature of transaction:                  Granting and acceptance of              
                                        share options                           
Nature and extent of interest:          Direct beneficial                       
Clearance was obtained                  Yes                                     
Randburg                                                                        
9 November 2006                                                                 
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Date: 09/11/2006 10:21:04 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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