Pinnacle - Purchase of shares by a director

Pinnacle - 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 ordinary    Price per share                         
transaction       shares purchased                                              
7 May 2003        23 220                9 cents                                 
8 May 2003        36 000                10 cents                                
8 May 2003        250 000               11 cents                                
The shares were acquired directly by A J Fourie                                 
Midrand                                                                         
9 May 2003