GNDE - GND/GNDP - Grindrod Limited - Share Dealings

03/12/2010 17:01:12

GND/GNDP - Grindrod Limited - Share Dealings
(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:

Name of company : Grindrod Limited
Class of securities : Grindrod Ordinary Shares
Nature of interests : Indirect beneficial
Clearance to deal : Yes

Name of director : IAJ Clark
Nature of transaction : Exercise of Options
Date of transaction : 29 November 2010

Number of shares : 200 000
Strike Price : R2,39
Total value of transaction R478 000

Number of shares : 100 000
Strike Price : R3,80
Total value of transaction R380 000

Number of shares : 300 000
Strike Price : R12,51
Total value of transaction R3 753 000

The above transactions took place off market.

3 December 2010
Grindrod Bank Limited
Date: 03/12/2010 17:01:11 Produced by the JSE SENS Department.
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