CGR - Calgro M3 Holdings - Fulfilment Of Suspensive Conditions In Respect Of

CGR - Calgro M3 Holdings - Fulfilment Of Suspensive Conditions In Respect Of    
              The Acquisition Of A Portion Of Farm Olifantsfontein No 410       
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 code: ZAE000109203                                       
("the company" or "Calgro M3")                                                  
FULFILMENT OF SUSPENSIVE CONDITIONS IN RESPECT OF THE ACQUISITION OF A PORTION  
OF FARM OLIFANTSFONTEIN NO 410                                                  
Calgro M3 is pleased to announce that all guarantees have been issued in        
respect of the required financing for the purchase of a portion of Farm         
Olifantsfontein No 410. Shareholders are advised that implementation of this    
acquisition remains dependant on Competition Commission approval.               
Johannesburg                                                                    
5 February 2008                                                                 
Corporate and Designated Advisor: Bridge Capital Advisors (Pty) Limited         
Date: 05/02/2008 15:53:37 Supplied by www.sharenet.co.za                     
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