PINNACLE HOLDINGS LIMITED - Dealing in securities by associate of director

Dealing in securities by associate of director

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

Dealing in securities by associate of director

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, Pinnacle advises that the
following dealing took place by The Shumba Investment Trust (“the Trust”), an associate of Mr RD Lyon, a director of
Pinnacle:

Name of Director                                 RD Lyon, a trustee and beneficiary of the Trust
Position                                         Chief Financial Officer
Nature of Interest                               Indirect / Beneficial
Type of Transaction                              Purchase of securities
Class of Security                                Ordinary shares in Pinnacle
Number of shares                                 1 Trade totalling 153 846 shares
Price per share                                  1150 cents
Value of Transaction                             R1 769 229
Date of Transaction                              1 March 2016

The trades were done on-market and clearance to deal was obtained.

Midrand
2 March 2016

Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

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