CGR - Calgro M3 - Dealings in securities by associates of a director

CGR - Calgro M3 - Dealings in securities by associates of a director            
CALGRO M3 HOLDINGS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration Number 2005/027663/06)                                            
Share code:  CGR      ISIN:  ZAE000109203                                       
("Calgro M3" or "the company" or "the Group")                                   
DEALINGS IN SECURITIES BY ASSOCIATES OF A DIRECTOR                              
In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE        
Limited Listings Requirements ("Listings Requirements"), the following          
dealing in securities by directors should be noted:                             
Name of company               :  CALGRO M3 HOLDINGS LIMITED                     
1.                                                                              
Name of director              :  BP Malherbe                                    
Class of securities           :  Ordinary shares in Calgro M3                   
Nature of transactions        :  Purchase of shares by G. Malherbe,             
daughter of BP Malherbe                         

Nature of interests           :  Indirect beneficial                            
Date of transaction           :  30 November 2010                               
No of shares                  :  34,000                                         
Volume weighted average       :  46 cents per share                             
price for 30 November 2010                                                      
Highest price for 30          :  46 cents per share                             
November 2010                                                                   
Lowest price for 30 November  :  45 cents per share                             
2010                                                                            
Total value of transaction    :  R15,640                                        
2.                                                                              
Name of director              :  BP Malherbe                                    
Class of securities           :  Ordinary shares in Calgro M3                   
Nature of transactions        :  Purchase of shares by R. Malherbe, son of      
                                BP Malherbe                                     
Nature of interests           :  Indirect beneficial                            
Date of transaction           :  30 November 2010                               
No of shares                  :  34,000                                         
Volume weighted average       :  46 cents per share                             
price for 30 November 2010                                                      
Highest price for 30          :  46 cents per share                             
November 2010                                                                   
Lowest price for 30 November  :  45 cents per share                             
2010                                                                            
Total value of transaction    :  R15,640                                        
*    All trades were done on-market.                                            
Johannesburg                                                                    
2 December 2010                                                                 
Designated Advisor:                                                             
Grindrod Bank Limited                                                           
Date: 02/12/2010 10:40:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.