PINNACLE - DEALING IN SECURITIES BY DIRECTOR

PINNACLE - DEALING IN SECURITIES BY DIRECTOR                                    
Pinnacle Technology Holdings Limited                                            
Registration number 1986/000334/06                                              
Share Code: PNC                                                                 
ISIN: ZAE000022570                                                              
"Pinnacle"                                                                      
Dealing in securities by director                                               
The following dealing took place on 14 October 2004:                            
Name of director                      Craig Nowitz                              
Position                              Managing director - Pinnacle Micro        
                                      Cape (Proprietary) Limited (a 70%         
held subsidiary of Pinnacle)              

Number of ordinary shares             421 000                                   
Type of transaction                   Sale                                      
Selling price per share               44 cents                                  
Value of transaction                  R185 240                                  
Nature of interest                    Direct beneficial                         
Clearance to deal was obtained in terms of paragraph 3.66 of the Listings       
Requirements of the JSE Securities Exchange South Africa.                       
Midrand                                                                         
18 October 2004                                                                 
Date: 18/10/2004 05:23:13 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department