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 Pinnacle   Price per                                 
transaction      ordinary shares      share                                     
                 purchased                                                      
12 May 2003      200                  9 cents                                   
13 May 2003      376 000              9 cents                                   
The shares were acquired directly by A J Fourie                                 
Midrand                                                                         
14 May 2003                                                                     
Sponsor                                                                         
LPC Manhattan Sponsors                                                          
Date: 14/05/2003 11:32:34 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department