GRANDY CORP<08143> - Trading in the Nil Paid Rights

Trading in the nil paid Rights in the ordinary shares of Grandy 
Corporation will commence at 9:30 a.m. on Wednesday, 29/03/2006 
under the following particulars (FORCE MAJEURE WARNING: These 
rights are conditional): -

Stock Code      Stock Short Name        Board Lot
----------      ----------------        ---------
8372            GRANDY CORP RTS         20,000 shares