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Pinnacle Technology Holdings Limited - Trading Statement

Release Date: 01/09/2006 14:39
Code(s): PNC
Wrap Text

Pinnacle Technology Holdings Limited - Trading Statement 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") TRADING STATEMENT In terms of the JSE Limited"s ("JSE") Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will be more than 20% different than that of the previous corresponding period. As a result of the above, Pinnacle"s shareholders are informed that, for the financial year ended 30 June 2006, Pinnacle"s headline earnings are expected to be between 27,0 and 30,0 cents per share, being between 79% and 99% higher than the results of the comparative period (30 June 2005: 15,1 cents). Pinnacle"s earnings are expected to be between 27,0 and 30,0 cents per share, being between 79% and 99% higher than the results of the comparative period(30 June 2005: 15,1 cents). In compliance with the JSE Listings Requirements, the financial results of Pinnacle for the twelve months ended 30 June 2006 will be prepared for the first time in accordance with International Financial Reporting Standards and the prior period"s results will be restated on the same basis. We do not expect this restatement to have a material effect on the comparisons above. The above information has not been reviewed or reported on by the company"s auditors. The company"s financial results for the 12 months ended 30 June 2006 are expected to be published on or about 13 September 2006. Midrand 1 September 2006 Sponsor Deloitte & Touche Sponsor Services (Pty) Ltd Date: 01/09/2006 02:39:28 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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