PINNACLE- SALE OF PINNACLE ORDINARY SHARES BY A DIRECTOR OF A SUBSIDIARY COMPANY

PINNACLE- SALE OF PINNACLE ORDINARY SHARES BY A DIRECTOR OF A SUBSIDIARY COMPANY
          OF PINNACLE                                                           
PINNACLE TECHNOLOGY HOLDINGS LIMITED                                            
Incorporated in the Republic of South Africa                                    
(Registration number 1986/000334/06)                                            
Share code: PNC                                                                 
ISIN: ZAE000022570                                                              
("Pinnacle")                                                                    
SALE OF PINNACLE ORDINARY SHARES BY A DIRECTOR OF A SUBSIDIARY COMPANY OF       
PINNACLE                                                                        
In compliance with paragraphs 3.63 (a) and (b) of the Listings Requirements of  
the JSE Securities Exchange South Africa, the following is disclosed:           
Director:                    S. Marx                                            
Designation:                 Executive director                                 
Name of subsidiary company                                                      
(wholly owned):              Pinnacle Micro (Proprietary) Limited               
Extent of interest:          Beneficial - indirect                              
Dates of transactions    Number of      Price per      Value                    
                         Pinnacle       share          of transactions          
ordinary                      (Rand)                        

                         shares sold                                            
 1 October 2003          10 000         22 cents       2 200.00                 
 1 October 2003          40 000         23 cents       9 200.00                 
3 October 2003          45 000         20 cents       9 000.00                 
 6 October 2003          32 500         20 cents       6 500.00                 
 7 October 2003         117 500         20 cents      23 500.00                 
 8 October 2003          55 000         20 cents      11 000.00                 
31 October 2003          93 736         31 cents      29 058.16                 
                        393 736                       90 458.16                 
Midrand                                                                         
6 November 2003                                                                 
Sponsor:                                                                        
LPC Manhattan Sponsors                                                          
Date: 06/11/2003 03:16:03 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department