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PNG - Pinnacle Point Group Limited - Trading statement announcement

Release Date: 30/06/2011 12:40
Code(s): PNG
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PNG - Pinnacle Point Group Limited - Trading statement announcement PINNACLE POINT GROUP LIMITED (Registration Number: 2000/000059/06) Share code: PNG ISIN code: ZAE000127122 ("Pinnacle Point" or "the Company") TRADING STATEMENT ANNOUNCEMENT In terms of the Listings Requirements of the JSE Limited (the "JSE"), listed companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the next period to be reported on will vary by more than 20% from those of the previous corresponding period or from a profit forecast previously provided to the market in relation to such period. Accordingly, shareholders are advised that the Company expects that the loss per share for the 12 months ended 28 February 2011 will be between 40% and 50% better than the results for the 12 months ended 28 February 2010 and the headline loss per share for the 12 months ended 28 February 2011 will be between 70% and 80% better than the results for the 12 months ended 28 February 2010. This trading statement has not been reviewed or reported on by the Company`s external auditors. Johannesburg 30 June 2011 Designated Advisor Arcay Moela Sponsors (Proprietary) Limited Date: 30/06/2011 12:40:13 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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