CGR - Calgro - Dealing In Securities By Directors` Associates

CGR - Calgro - Dealing In Securities By Directors` Associates                   
CALGRO M3 HOLDINGS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration Number 2005/027663/06)                                            
Share Code:  CGR    ISIN:  ZAE000109203                                         
("Calgro" or "the company")                                                     
DEALING IN SECURITIES BY DIRECTORS` ASSOCIATES                                  
In compliance with sections 3.63 - 3.74 of the Listings Requirements of the JSE 
Limited, the following information is disclosed:                                
Name of Associate and Director:         BPM Family Trust (family trust of BP    
                                       Malherbe who is a director of Calgro)    
Date of Transaction :                   20 November 2008                        
Class of Securities :                   ordinary shares in Calgro               
Average Unit Price  :                   60 cents per share                      
Number of Securities Transacted:        250,000                                 
Total Value of Securities Transacted:   R150,000                                
Nature of Transaction:                  Purchase                                
Extent of Interest  :                   Indirect, beneficial                    
Clearance Given     :                   Yes                                     
Name of Associate and Director:         M Malherbe (son of HB Malherbe who is a 
                                       director of a major subsidiary of        
                                       Calgro)                                  
Date of Transaction :                   20 November 2008                        
Class of Securities :                   ordinary shares in Calgro               
Average Unit Price  :                   60 cents per share                      
Number of Securities Transacted    :    83,000                                  
Total Value of Securities Transacted:   R49,800                                 
Nature of Transaction    :              Purchase                                
Extent of Interest  :                   Indirect, beneficial                    
Clearance Given     :                   Yes                                     
Name of Associate and Director:         M Malherbe (daughter of HB Malherbe who 
is a director of a major subsidiary of   

                                       Calgro)                                  
Date of Transaction :                   20 November 2008                        
Class of Securities :                   ordinary shares in Calgro               
Average Unit Price  :                   60 cents per share                      
Number of Securities Transacted    :    83,000                                  
Total Value of Securities Transacted:   R49,800                                 
Nature of Transaction    :              Purchase                                
Extent of Interest  :                   Indirect, beneficial                    
Clearance Given     :                   Yes                                     
Johannesburg21 November 2008                                                    
Designated Adviser                                                              
PSG Capital (Pty) Ltd                                                           
Date: 21/11/2008 17:49:38 Supplied by www.sharenet.co.za                     
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