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Wed 29 Nov 2006, 17:11 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:                            
1.   Director                 :    I A J Clark                                  
     Nature of transaction    :    Exercise of share options                    
     Nature of interest       :    Indirect beneficial                          
     Date, price amount       :    As scheduled below                           
Clearance obtained       :    Yes                                          
     Class of Share           :    Grindrod Ordinary Shares                     
     Date                Price          No. of shares                           
     27 November 2006    R2,39          200 000                                 
2.   Director                 :    A K Olivier                                  
     Nature of transaction    :    Exercise of share options                    
     Nature of interest       :    Indirect beneficial                          
     Date, price amount       :    As scheduled below                           
Clearance obtained       :    Yes                                          
     Class of Share           :    Grindrod Ordinary Shares                     
     Date                Price          No. of shares                           
     27 November 2006    R2,39          200 000                                 
3.   Director                 :    L R Stuart-Hill                              
     Nature of transaction    :    Exercise of share options                    
     Nature of interest       :    Indirect beneficial                          
     Date, price amount       :    As scheduled below                           
Clearance obtained       :    Yes                                          
     Class of Share           :    Grindrod Ordinary Shares                     
     Date                Price          No. of shares                           
     27 November 2006    R2,39          200 000                                 
4.   Director                 :    T J T McClure                                
     Nature of transaction    :    Exercise of share options                    
     Nature of interest       :    Indirect beneficial                          
     Date, price amount       :    As scheduled below                           
Clearance obtained       :    Yes                                          
     Class of Share           :    Grindrod Ordinary Shares                     
     Date                Price          No. of shares                           
     27 November 2006    R2,39          200 000                                 
5.   Director                 :    D A Rennie                                   
     Nature of transaction    :    Exercise of share options                    
     Nature of interest       :    Indirect beneficial                          
     Date, price amount       :    As scheduled below                           
Clearance obtained       :    Yes                                          
     Class of Share           :    Grindrod Ordinary Shares                     
     Date                Price          No. of shares                           
     27 November 2006    R2,39          150 000                                 
6.   Director                 :    A F Stewart                                  
     Nature of transaction    :    Exercise of share options                    
     Nature of interest       :    Indirect beneficial                          
     Date, price amount       :    As scheduled below                           
Clearance obtained       :    Yes                                          
     Class of Share           :    Grindrod Ordinary Shares                     
     Date                Price          No. of shares                           
     27 November 2006    R2,39          150 000                                 
29 November 2006                                                           
     Sponsor:  Exchange Sponsors                                                
Date: 29/11/2006 05:11:02 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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