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GNDE - Directors Share Dealings

27/02/2004 12:22:10

Grindrod Limited - Directors Share Dealings
Release Date: 27/02/2004 12:06:51 Code(s): GND
GRINDROD LIMITED - DIRECTORS SHARE DEALINGS
GRINDROD LIMITED
(Registration number: 1966/0009846/06)
Share code: GND
ISIN: ZAE000052247
In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE
Listings Requirements the following should be noted:
1. Director : AF Stewart
Nature of transaction : Exercising of share options
Nature of interest : Indirect beneficial
Date, price amount : As scheduled below
Clearance obtained : Yes
Grindrod ordinary shares
Date Exercised Option Price No. of shares
25 February 2004 2.66 26 000
2. Director : LR Stuart-Hill
Nature of transaction : Exercising of share options
Nature of interest : Indirect beneficial
Date, price amount : As scheduled below
Clearance obtained : Yes
Grindrod ordinary shares
Date Exercised Option Price No. of shares
25 February 2004 1.30 95 700
25 February 2004 1.49 20 000
3. Director : IAJ Clark
Nature of transaction : Exercising of share options
Nature of interest : Direct beneficial
Date, price amount : As scheduled below
Clearance obtained : Yes
Grindrod ordinary shares
Date Exercised Option Price No. of shares
25 February 2004 1.49 40 000
4. Director : AK Olivier
Nature of transaction : Exercising of share options
Nature of interest : Indirect beneficial
Date, price amount : As scheduled below
Clearance obtained : Yes
Grindrod ordinary shares
Date Exercised Option Price No. of shares
25 February 2004 1.76 36 800
25 February 2004 1.70 70 000
25 February 2004 1.50 60 000
25 February 2004 1.49 40 000
5. Director : JG Jones
Nature of transaction : Exercising of share options
Nature of interest : Indirect beneficial
Date, price amount : As scheduled below
Clearance obtained : Yes
Grindrod ordinary shares
Date Exercised Option Price No. of shares
25 February 2004 1.49 20 000
6. Director : WM Grindrod
Nature of transaction : Sale of shares
Nature of interest : Indirect beneficial
Date, price amount : As scheduled below
Clearance obtained : Yes
Grindrod ordinary shares
Date Price No. of shares
25 February 2004 18.70 9 274

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