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                                10 trades totalling 30 000 shares
Price - High                                    1159 cents
    - Weighted average                          1155.83 cents
    - Lowest                                    1155 cents
Value of Transaction                            R346 749 .08
Date of Transaction                             1 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
2 March 2016

Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

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