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                                                        
07 May 2004    25 000        20 cents    5 000.00                               
               25 000                    5 000.00                               
Director:                    C.D. Biddlecombe                                   
Designation:                 Chairman                                           
Extent of interest:          Beneficial - indirect                              
Dates of       Number of     Price per   Value                                  
transactions   Pinnacle      share       of transactions                        
               ordinary                  (Rand)                                 
               shares                                                           
               purchased                                                        
07 May 2004    25 000        20 cents    5 000.00                               
               5 000                     5 000.00                               
Prior approval to trade in Pinnacle shares was granted on 05 May 2004.          
Midrand                                                                         
11 May 2004                                                                     
Date: 11/05/2004 11:25:03 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department