Dealings 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”) DEALINGS IN SECURITIES BY A DIRECTOR 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: 1. Name of company : CALGRO M3 HOLDINGS LIMITED Name of director : Deon Noel Steyn, an executive Director of Calgro M3 Class of securities : Ordinary shares in Calgro M3 Nature of transactions : An on-market sale of shares by The DNS Trust Nature of interests : Indirect beneficial Date of transaction : 13 May 2013 No of shares : 1,484,577 Price : 590 cents per share Total value of transaction : R 8,759,004.30 2. Name of company : CALGRO M3 HOLDINGS LIMITED Name of director : Hendrik Malherbe, director of a Major subsidiary Class of securities : Ordinary shares in Calgro M3 Nature of transactions : An on-market sale of shares by The Hendrik Brand Trust Nature of interests : Indirect beneficial Date of transaction : 13 May 2013 No of shares : 2,007,772 Price : 590 cents per share Total value of transaction : R 11,845,854.80 Clearance to trade has been obtained in terms of section 3.66 of the Listings Requirements. Johannesburg 14 May 2013 Sponsor Grindrod Bank Limited Date: 14/05/2013 04:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.