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

  21 June 2004       25 000    23 cents     5 750.00                            
  21 June 2004       75 000    23 cents    17 250.00                            
  21 June 2004      100 000    22 cents    22 000.00                            
200 000                45 000.00                            

Prior approval to trade in Pinnacle shares was granted on 18 June 2004.         
Midrand                                                                         
22 June 2004                                                                    
Date: 22/06/2004 05:42:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department