CGR - Calgro M3 Holdings Limited - Cautionary announcement

CGR - Calgro M3 Holdings Limited - Cautionary announcement                      
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")                                                     
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that the company is involved in negotiations which, if 
successfully concluded, may have a material effect on the company`s share price.
Accordingly, shareholders are advised to exercise caution when dealing in the   
company`s shares until a further announcement is made.                          
Johannesburg                                                                    
27 February 2009                                                                
Designated Adviser                                                              
PSG Capital (Pty) Ltd                                                           
Date: 27/02/2009 16:10:01 Supplied by www.sharenet.co.za                     
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