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Grindrod Limited

Quadrant House 115 Victoria Embankment Durban, 4001 South Africa

P.O. Box 1 Durban- 4000

Phone No.  27 31 304 1451

Fax No. 27 31 305 2848

Chairman Ivan I.J. Clark

CEO or MD  Alan K. Olivier

Name of External Affairs or Press Contact  D. A. Polkinghorne

Grindrod Limited is holding company principally investing in subsidiaries, joint ventures and associates, operating in four business divisions: Shipping, Trading, Freight Services and Financial Services. These businesses provide operating and marketing synergies both locally and internationally. Shipping business includes three segments: tankers, which includes owned and long-term charters of mid-range product tankers, small product tankers and chemical tankers; drybulk, which includes owned and long-term charters of handysize, panamax and capsize bulk carriers, and ship operating activities, which includes the Parcel Service, ITAS, handymax, bunker barges and Unicorn Calulo tankers. Trading is engaged in agricultural commodities, mineral commodities, marine fuel and lubricants. Freight services is engaged in ports, terminals, container freight logistics, rail, logistics, seafreight, and ship agencies. Financial Services includes the operations of its Grindrod Bank.

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