Pinnacle Technology Holdings Limited - Purchase of shares by a director

Pinnacle Technology Holdings Limited - Purchase of shares by a director         
Pinnacle Technology Holdings Limited                                            
(Registration number 1986/000334/06)                                            
Share code: PNC ISIN: ZAE000022570                                              
("Pinnacle")                                                                    
Purchase of shares by a director                                                
In compliance with paragraphs 3.72 - 3.74 of the Listings Requirements of the   
JSE Securities Exchange South Africa, the following is disclosed:               
Director:      A J Fourie                                                       
Designation:   Chief Executive Officer                                          
Date of      Number of          Price per                                       
transaction  ordinary shares    share                                           
             purchased                                                          
23 April     16 700             7 cents                                         
2003                                                                            
23 April     5 000              8 cents                                         
2003                                                                            
24 April     50 000             8 cents                                         
2003                                                                            
The shares were acquired directly by A J Fourie                                 
Midrand                                                                         
29 April 2003