CGR - Calgro M3 - Dealing in securities by a director

CGR - Calgro M3 - Dealing in securities by a director                           
CALGRO M3 HOLDINGS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration Number 2005/027663/06)                                            
Share code:  CGR      ISIN:  ZAE000109203                                       
("Calgro M3" or "the company" or "the Group")                                   
DEALING IN SECURITIES BY A DIRECTORS                                            
In accordance with the requirements of paragraph 3.63 to 3.74 of                
the JSE Limited Listings Requirements ("Listings Requirements"),                
the following dealing in securities by a director should be noted:              
Name of company               :  CALGRO M3 HOLDINGS LIMITED                     
1.                                                                              
Name of director              :  Pumla Fundiswa Radebe ("Pumla"),               
                                the non-executive chairperson of                
                                Calgro M3                                       
Class of securities           :  Ordinary shares in Calgro M3                   
Nature of transactions        :  A dilution in shareholding by                  
                                Pumla of her shareholding in                    
                                Khuselo Investments                             
(Proprietary) Limited resulted                  

                                in an off-market sale of                        
                                shares.(Pumla`s effective                       
                                holding is now 1,000,000 shares                 
in Calgro M3)                                   

Nature of interests           :  Indirect beneficial                            
Date of transaction           :  29 February 2012                               
No of shares                  :  2,773,400                                      
Price                         :  450 cents per share                            
Total value of transaction    :  R12,480,300                                    
*    Clearance to trade has been obtained in terms of section 3.66 of the       
    Listings Requirements.                                                      
Johannesburg                                                                    
2 March 2012                                                                    
Sponsor                                                                         
Grindrod Bank Limited                                                           
Date: 02/03/2012 15:56:01 Supplied by www.sharenet.co.za                     
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