Pinnacle - Results of general meeting and AGM and dividend declaration

Pinnacle - Results of general meeting and AGM and dividend declaration          
Pinnacle Technology Holdings Limited                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1986/000334/06)                                            
Share code: PNC & ISIN number: ZAE000022570                                     
("Pinnacle")                                                                    
RESULTS OF GENERAL MEETING, RESULTS OF ANNUAL GENERAL MEETING AND DIVIDEND      
DECLARATION                                                                     
Shareholders are advised that at the general meeting of Pinnacle ordinary       
shareholders, held on Friday, 28 October 2005 at 11h00, the ordinary resolutions
relating to the acquisition by Pinnacle of the remaining 35% equity interest in 
Pinnacle Micro Cape (Proprietary) Limited and the creation of the Pinnacle BEE  
Share Purchase Scheme, were approved by the required majority of ordinary       
shareholders.                                                                   
Shareholders are further advised that at the annual general meeting of Pinnacle 
ordinary shareholders held on Friday, 28 October 2005 at 10h00, all the special 
and ordinary resolutions proposed were approved by the required majority of     
ordinary shareholders.  The special resolutions will be lodged with the         
Registrar of Companies for registration in due course.                          
Dividend declaration                                                            
During the annual general meeting a dividend distribution to Pinnacle           
shareholders of 4 cents per share, was confirmed.                               
Salient dates for the dividend distribution will be as follows:                 
2005                       

Last day to trade "cum" dividend                     Friday, 11 November        
Ordinary shares trade "ex" dividend                  Monday, 14 November        
Record date to be recorded in the register to                                   
participate in the dividend distribution             Friday, 18 November        
Payment to shareholders in respect of the dividend                              
distribution.  Posting of cheques or electronic                                 
bank transfers in respect of certificated                                       
shareholders.  Accounts credited at CSDP or broker                              
in respect of dematerialised shareholders.           Monday, 21 November        
Midrand                                                                         
28 October 2005                                                                 
Corporate adviser                      Sponsor                                  
BISHOP CORPORATE FINANCE (PTY) LTD     Deloitte & Touche Sponsor Services       
(Registration number 2000/012695/07)   (Pty) Ltd                                
                                       (Incorporated in the Republic of         
South Africa)                            

                                       (Registration number                     
                                       1996/000034/07)                          
Date: 28/10/2005 01:43:32 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department