Dealings In Securities by Directors 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 DIRECTORS In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings Requirements”), the following dealings in securities by directors should be noted: 1. Name of company : CALGRO M3 HOLDINGS LIMITED Name of director : Fredrik Johannes Steyn, Class of securities : Ordinary shares in Calgro M3 Nature of transactions : An off-market sale of shares by The FJS Trust Nature of interests : Indirect beneficial Date of transaction : 13 July 2015 No of shares : 900,000 Price : 2000 cents per share Total value of transaction : R 18,000,000.00 2. Name of company : CALGRO M3 HOLDINGS LIMITED Name of director : Willem Jakobus Lategan, Class of securities : Ordinary shares in Calgro M3 Nature of transactions : An off-market Purchase of shares by WJ Lategan Nature of interests : Direct beneficial Date of transaction : 13 July 2015 No of shares : 598,219 Price : 2000 cents per share Total value of transaction : R 11,964,380 3. Name of company : CALGRO M3 HOLDINGS LIMITED Name of director : Wayne Williams, Class of securities : Ordinary shares in Calgro M3 Nature of transactions : An off-market Purchase of shares by The Derick Williams Testamentary Trust Nature of interests : Indirect beneficial Date of transaction : 13 July 2015 No of shares : 70 000 Price : 2000 cents per share Total value of transaction : R 1,400,000.00 4. Name of company : CALGRO M3 HOLDINGS LIMITED Name of director : Wayne Williams, Class of securities : Ordinary shares in Calgro M3 Nature of transactions : An off-market Purchase of shares by W Williams Nature of interests : Direct beneficial Date of transaction : 13 July 2015 No of shares : 83 219 Price : 2000 cents per share Total value of transaction : R 1,664,380.00 Clearance to trade has been obtained in terms of section 3.66 of the Listings Requirements. Johannesburg 14 July 2015 Sponsor Grindrod Bank Limited Date: 14/07/2015 12:30:00 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.