GNDE - GND & GNDP - Grindrod Limited - Exercise of options by a director

25/02/2011 16:13:00

GND & GNDP - Grindrod Limited - Exercise of options by a director
(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 Limited Listings Requirements the following should be noted:
Name of director : AF Stewart
Name of company : Grindrod Limited
Class of securities : Grindrod Ordinary Shares
Nature of transactions : Exercise of Options
Nature of interests : Indirect beneficial
Clearance to deal : Yes
Date of transaction : 24 February 2011
Number of shares : 150 000
Price : R2,39
Total value of transaction : R358,500

The above transaction took place off market.
Clearance in terms of paragraph 3.66 of the Listings Requirements has
been obtained.
25 February 2011
Sponsor: Grindrod Bank Limited
Date: 25/02/2011 16:13:00 Produced by the JSE SENS Department.
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