GRINDROD LIMITED - Change in directorate

Change in directorate

GRINDROD LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1966/009846/06)
JSE Code: GND & GNDP
ISIN: ZAE000072328 & ZAE000071106
(“Grindrod” or "the Company")


 CHANGE IN DIRECTORATE

 In compliance with paragraph 3.59(a) of the Listings Requirements of the JSE Limited,
 shareholders are hereby advised of a change in directorate. Shareholders are reminded of the
 strategic decision taken by the Board during the first half of the year to pursue the separate
 listing of the Shipping division on a recognised international stock exchange. The proposed
 transaction is progressing well, and as part of the transaction, executive director and chief
 executive officer of the Shipping division, Martyn Richard Wade will step down from the board
 of directors of the Company to take up a directorship with the newly formed Shipping holding
 company, Grindrod Shipping Holdings Pte Limited effective 1 November 2017.

 On behalf of the Board, we would like to thank Martyn for his valuable contribution to the Group
 and we wish him well in his future endeavours.




Johannesburg
1 November 2017
Sponsor: Grindrod Bank Limited

Date: 01/11/2017 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.