CGR - Calgro M3 Holdings Limited - Changes to the board

CGR - Calgro M3 Holdings Limited - Changes to the board                         
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                                              
("Calgro")                                                                      
CHANGES TO THE BOARD                                                            
In compliance with paragraph 3.59 of the Listings Requirements of the JSE       
Limited, shareholders are notified that Craig Daly has resigned as a financial  
director of Calgro with effect from 1 July 2008.                                
Calgro would like to thank Craig for his valuable contribution during his tenure
of employment.                                                                  
A suitable replacement for Craig will be announced in due course.               
Johannesburg                                                                    
2 July 2008                                                                     
Designated Advisor: Bridge Capital Advisors (Pty) Limited                       
Date: 02/07/2008 17:23:04 Supplied by www.sharenet.co.za                     
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