Pinnacle - Purchase of ordinary shares by a director

Pinnacle - 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:                    C. Nowitz                                          
Designation:                 Managing director of                               
subsidiary                                         

Name of subsidiary company   Pinnacle Micro Cape                                
(70% owned):                 (Pty) Ltd                                          
Extent of interest:          Beneficial - direct                                
Dates of       Number of        Price per    Value                              
transactions   Pinnacle         share        of transactions                    
               ordinary                      (Rand)                             
               shares                                                           
purchased                                                        

12 May 2004    80 000           25 cents     20 000.00                          
               80 000                        20 000.00                          
Prior approval to trade in Pinnacle shares was granted on 10 May 2004.          
Midrand                                                                         
11 May 2004                                                                     
Date: 13/05/2004 11:01:38 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department