PINNACLE HOLDINGS LIMITED - Dealing in securities

Dealing in securities

Pinnacle Holdings Limited
Registration number 1986/000334/06
Share Code: PNC
ISIN: ZAE000184149
(“Pinnacle”)

Dealing in securities

In compliance with paragraphs 3.63 and 3.64 of the Listings Requirements of the JSE Limited (“Listings Requirements”),
Pinnacle advises that the following dealing took place by a director of a major subsidiary of Pinnacle:

Name of Director                                 TAM Tshivhase
Position                                         Executive Director of a major subsidiary
Nature of Interest                               Direct / Beneficial
Type of Transaction                              Sale of Securities
Class of Security                                Ordinary shares in Pinnacle
Number of shares                                 1 trade totalling 1 444 shares
Price per share                                  1275 cents
Value of Transaction                             R 18 411
Date of Transaction                              10 March 2016

Name of Director                                 TAM Tshivhase
Position                                         Executive Director of a major subsidiary
Nature of Interest                               Direct / Beneficial
Type of Transaction                              Sale of Securities
Class of Security                                Ordinary shares in Pinnacle
Number of shares                                 6 trades totalling 18 556 shares
Price per share                                  1275 cents
Value of Transaction                             R236 589
Date of Transaction                              11 March 2016


The trades were done on-market and clearance to deal was obtained in terms of paragraph 3.66 of the Listings
Requirements.

Midrand
14 March 2016

Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

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