CGR - Calgro M3 Holdings Limited - Directors dealing in securities

CGR - Calgro M3 Holdings Limited - Directors dealing in securities              
Calgro M3 Holdings Limited                                                      
(Formerly: Double Ring Trading 332 (Proprietary) Limited)                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 2005/027663/06)                                            
Share code: CGR & ISIN: ZAE000109203                                            
("the company")                                                                 
DIRECTORS DEALING IN SECURITIES                                                 
In compliance with paragraphs 3.63 - 3.74 of the JSE Listings Requirements,     
the following information is disclosed:                                         
Name of Director         :    Hendrik Brand Malherbe (a director of MS5         
Projects (Pty) Limited, a subsidiary of Calgro     

                             M3 Holdings Limited)                               
Name of company          :    Calgro M3 Holdings Limited                        
Date of transaction      :    4 December 2007                                   
Class of security        :    Ordinary shares with a par value of 0.001 cent    
                             each                                               
Price of share           :    300 cents per share                               
Number of shares         :    100 000 ordinary shares                           
Total value of                                                                  
Transaction              :    R300 000                                          
Nature of transaction    :    Purchase                                          
Nature of director`s                                                            
Interest                 :    Indirect beneficial                               
Clearance was given      :    Yes                                               
7 December 2007                                                                 
Johannesburg                                                                    
Bridge Capital Advisors (Pty) Limited                                           
Date: 07/12/2007 12:10:09 Supplied by www.sharenet.co.za                     
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