GNDE - GRINDROD LIMITED - Trading Statement

01/02/2013 09:10:00

GND 201302010018A
Trading Statement

(Incorporated in the Republic of South Africa)
(Registration number 1966/009846/06)
Share code: GND & GNDP
ISIN: ZAE000072328 & ZAE 000071106
(“Grindrod ” or “the Company”)


In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a
company is required to publish a trading statement as soon as it becomes aware, with a
reasonable degree of certainty, that the financial results for the next period to be reported
on are likely to vary by more than 20% from the previous corresponding period.

Shareholders are advised that Grindrod expects its earnings per share (EPS) and
headline earnings per share (HEPS) for the twelve month period ended 31 December
2012 to increase by between 25% and 35% (2011: 111,0 cents per share) and 15% and
25% (2011: 99,6 cents per share) respectively.

The information contained in this trading statement has not been reviewed or reported on
by the company's external auditors.

Grindrod will release its final results to 31 December 2012 on 27 February 2013 and will
be holding investor presentations in Johannesburg (27 February 2013), Cape Town
(28 February 2013) and Durban (1 March 2013).

By order of the board

1 February 2013

Sponsor: Grindrod Bank Limited

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