Pinnacle Technology Holdings Limited - Further Cautionary Announcement

Pinnacle Technology Holdings Limited - Further Cautionary Announcement          
Pinnacle Technology Holdings Limited                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1986/000334/06)                                            
Share code: PNC & ISIN: ZAE000022570                                            
("Pinnacle" or "the company")                                                   
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Shareholders are referred to the cautionary announcement dated 8 September 2005 
and are advised that the company is still in negotiations regarding the         
acquisition of a 20% shareholding by a Black Economic Empowerment entity, which 
if successfully concluded may have an effect on the price of the company"s      
securities.                                                                     
Accordingly, shareholders are advised to continue to exercise caution when      
dealing in the company"s securities until a further announcement is made.       
Midrand                                                                         
24 October 2005                                                                 
Sponsor                                                                         
Deloitte & Touche Sponsor Services                                              
Date: 24/10/2005 11:36:18 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department