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PINNACLE TECHNOLOGY HOLDINGS LIMITED - CAUTIONARY ANNOUNCEMENT

Release Date: 01/07/2003 17:10
Code(s): PNC
Wrap Text

PINNACLE TECHNOLOGY HOLDINGS LIMITED - CAUTIONARY ANNOUNCEMENT Pinnacle Technology Holdings Limited Incorporated in the Republic of South Africa Registration number 1986/000334/06 Share code: PNC ISIN: ZAE000022570 ("Pinnacle" or "the company") CAUTIONARY ANNOUNCEMENT Pinnacle shareholders are advised that the board of directors are considering proposals which could lead to the company being delisted from the JSE Securities Exchange South Africa ("the JSE"), as well as a payment to minority shareholders in the form of either a cash offer for their entire shareholding in the company or a cash payment to such shareholders on the basis that the operations or subsidiary companies of Pinnacle are sold for cash. Shareholders are accordingly advised to exercise caution in dealing in their shares on the JSE until a further announcement is made in this regard. Midrand 1 July 2003 Sponsor LPC Manhattan Sponsors (Pty) Ltd (Registration number 1999/024792/07) Date: 01/07/2003 05:10:03 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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