CGR - Calgro M3 -Dealings in securities by an associate of a director of a major

CGR - Calgro M3 -Dealings in securities by an associate of a director of a major
subsidiary                                                                      
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 AN ASSOCIATE OF A DIRECTOR OF A MAJOR SUBSIDIARY      
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              :  Hendrik Brand Malherbe                         
Class of securities           :  Ordinary shares in Calgro M3                   
Nature of transactions        :  Sale of shares by M. Malherbe, son of HB       
                                Malherbe                                        
Nature of interests           :  Indirect beneficial                            
Date of transaction           :  6 December 2010                                
No of shares                  :  290,000                                        
Price                         :  44 cents per share                             
Total value of transaction    :  R127,600                                       
2.                                                                              
Name of director              :  Hendrik Brand Malherbe                         
Class of securities           :  Ordinary shares in Calgro M3                   
Nature of transactions        :  Sale of shares by M. Malherbe, son of HB       
                                Malherbe                                        
Nature of interests           :  Indirect beneficial                            
Date of transaction           :  6 December 2010                                
No of shares                  :  10,000                                         
Price                         :  48 cents per share                             
Total value of transaction    :  R4,800                                         
*    All trades were done on-market.                                            
Johannesburg                                                                    
8 December 2010                                                                 
Designated Advisor:                                                             
Grindrod Bank Limited                                                           
Date: 08/12/2010 09:34:01 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.