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)                                            
JSE 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 (70% owned):          Pinnacle Micro Cape (Pty) Ltd                     
Extent of interest:           Beneficial - direct                               
Dates of transactions:        19 May 2004                                       
Number of Pinnacle ordinary                                                     
shares purchased:             16 000                                            
Price per share:              23 cents                                          
Value of transactions                                                           
(Rand):                     3 680.00                                            
Prior approval to trade in Pinnacle shares was granted on 10 May 2004.          
Midrand                                                                         
31 May 2004                                                                     
Date: 31/05/2004 07:19:02 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department