GND/GNDP - Grindrod Limited - Acquisition of ordinary shares by Industrial

GND/GNDP - Grindrod Limited - Acquisition of ordinary shares by Industrial      
Partnership Investments Limited                                                 
GRINDROD LIMITED                                                                
(Registration number: 1966/0009846/06)                                          
Share code: GND & GNDP                                                          
ISIN: ZAE000072328 & ZAE000071106                                               
("Grindrod" or "the Company")                                                   
ACQUISITION OF ORDINARY SHARES BY INDUSTRIAL PARTNERSHIP INVESTMENTS LIMITED    
In accordance with section 122 of the Companies Act, 71 of 2008, shareholders   
are advised that Grindrod has received notice from Industrial Partnership       
Investments Limited ("Remgro group") that it has acquired further ordinary      
shares in the Company, resulting in its shareholding in Grindrod increasing     
to 20.5%.                                                                       
Sponsor : Grindrod Bank Ltd                                                     
30 November 2011                                                                
Date: 30/11/2011 17:15:19 Supplied by www.sharenet.co.za                     
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