CGR - Calgro - Dealing In Securities By A Director`s Associate

CGR - Calgro - Dealing In Securities By A Director`s Associate                  
CALGRO M3 HOLDINGS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration Number 2005/027663/06)                                            
Share Code:  CGR & ISIN:  ZAE000109203                                          
("Calgro" or "the company")                                                     
Dealing In Securities By A Director`s Associate                                 
In compliance with sections 3.63 - 3.74 of the Listings Requirements of the JSE 
Limited, the following information is disclosed:                                
Name of Director and Associate               :    D N Steyn (Director - Calgro  
                                                 M3 Developments (Pty) Ltd) (on 
behalf of DNS Trust)           

Date of Transaction                          :    20 November 2008              
Class of Securities                          :    ordinary shares in Calgro     
Average Unit Price                           :    60 cents per share            
Number of Securities Transacted              :    34,000                        
Total Value of Securities Transacted         :    R20,400                       
Average Unit Price                           :    59 cents per share            
Number of Securities Transacted              :    100,000                       
Total Value of Securities Transacted         :    R59,000                       
Nature of Transactions                       :    Purchase                      
Extent of Interest                           :    Indirect, beneficial          
Clearance Given                              :    Yes                           
Johannesburg                                                                    
24 November 2008                                                                
Designated Adviser                                                              
PSG Capital (Pty) Ltd                                                           
Date: 24/11/2008 11:56:01 Supplied by www.sharenet.co.za                     
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