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CALGRO M3 HOLDINGS LIMITED - Trading update

Release Date: 18/12/2012 16:17
Code(s): CGR     PDF:  
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Trading update

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 UPDATE




In accordance with paragraph 3.4 of the Listings Requirements of the JSE Limited, 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.

Shareholders are advised that a reasonable degree of certainty exists that the company’s earnings
per share (“EPS”) and headline earnings per share (“HEPS”) will be at least 20% higher for the 12
months ending 28 February 2013 (“the 2013 financial year”).

The Company is unable to provide an expected EPS and HEPS range because it is currently uncertain
of how many properties will be registered at the Deeds office by 28 February 2013. This trading
update is based on the minimum number of properties the board believes with a reasonable degree
of certainty will be registered by 28 February 2013. Should a different number of properties be
registered by 28 February 2013, this is likely to impact EPS and HEPS.


The financial information on which this trading statement is based has not been reviewed or
reported on by the company’s independent auditors.

Johannesburg
18 December 2012

Sponsor
Grindrod Bank Limited

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