PINNACLE TECHNOLOGY HOLDINGS LIMITED - PURCHASE OF ORDINARY SHARES BY A DIRECTOR

PINNACLE TECHNOLOGY HOLDINGS LIMITED - PURCHASE OF ORDINARY SHARES BY A DIRECTOR
Pinnacle Technology Holdings Limited                                            
Incorporated in the Republic of South Africa                                    
(Registration number 1986/000334/06)                                            
Share code: PNC ISIN: ZAE000022570                                              
("Pinnacle")                                                                    
Purchase of ordinary shares by a director                                       
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:                     A.J. Fourie                                       
Designation:                  Chief Executive                                   
director                                          

Extent of interest:           Beneficial - indirect                             
Dates of       Number of     Price per  Value                                   
transactions   Pinnacle      share      of transactions                         
ordinary                 (Rand)                                  

               shares                                                           
               purchased                                                        
05 May 2004    2 750         20 cents   550.00                                  
06 May 2004    97 250        22 cents   21 395.00                               
               100 000                  21 945.00                               
Clearance has been obtained.                                                    
Director:                     C.D. Biddeecombe                                  
Designation:                  Chairman                                          
Extent of interest:           Beneficial - indirect                             
Dates of       Number of     Price per   Value                                  
transactions   Pinnacle      share       of transactions                        
ordinary                  (Rand)                                 

               shares                                                           
               purchased                                                        
05 May 2004    2 750         20 cents    550.00                                 
06 May 2004    97 250        22 cents    21 395.00                              
               100 000                   21 945.00                              
Clearance has been obtained.                                                    
Midrand                                                                         
07 May 2004                                                                     
Date: 07/05/2004 03:07:19 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department