Shareholders are advised that Grindrod expects its earnings per share and headline earnings per share for the financial year ended 31 December 2009 to decrease by between 55% and 65% compared to the previous year.

This is as a result of considerably lower shipping markets, reduced
profits on disposal of ships and the impact on earnings of a stronger
rand / dollar exchange rate. Earnings and headline earnings per share
for the year to 31 December 2008 were 475,7 cents and 511,7 cents
respectively.

Source: Grindrod Ltd.

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• Chevron sees 3Q earns considerably from 2Q

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• Nucor sees third quarter loss on commodity costs

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• Sempra Profit Down On Write-Off; Utilities Strong

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• Arch Coal falls to a loss in 2Q

     Arch Coal slumps to a loss as miners slash production to meet falling energy demand Arch Coal, one of the world’s biggest coal producers, said Friday that it slumped to a second-quarter loss that was much larger than Wall Street expected, citing a 20 percent drop in sales and production cutbacks. Company