CGR - Calgro M3 - Trading Statement

CGR - Calgro M3 - Trading Statement                                             
CALGRO M3 HOLDINGS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration Number 2004/030045/06)                                            
Share code: CGR                                                                 
ISIN: ZAE000109203                                                              
("Calgro M3" or "the company")                                                  
TRADING STATEMENT                                                               
In accordance with paragraph 3.4 of the Listings Requirements of the JSE        
Limited ("JSE"), a listed company is required to publish a trading statement    
as soon as it becomes aware, with a reasonable degree of certainty, that the    
financial results for the next period to be reported on are likely to vary by   
more than 20% from the previous corresponding period.                           
Further to the trading update issued on the Securities Exchange News Service    
("SENS") of the JSE on 16 February 2011, Calgro M3 wishes to advise             
shareholders that the company`s headline earnings per share for the financial   
period ended 28 February 2011 ("the 2011 financial year") is expected to be     
between 12.72 cents per share and 14.24 cents per share compared to the         
headline loss of 7.64 cents per share reported in the previous corresponding    
period. Earnings per share for the 2011 financial year is expected to be        
between 12.12 cents per share and 14.56 cents per share compared to 12.19       
cents per share as reported in the previous corresponding period.               
The abridged audited results of Calgro M3 for the year ended 28 February 2011   
will be released on SENS on or about 16 May 2011.                               
The financial information on which this trading statement is based has not      
been reviewed or reported on by the company`s auditors.                         
Johannesburg                                                                    
11 May 2011                                                                     
Designated Adviser: Grindrod Bank Limited                                       
Date: 11/05/2011 16:47:01 Supplied by www.sharenet.co.za                     
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