PNC - Pinnacle Technology Holdings Limited - Changes to the Board of

PNC - Pinnacle Technology Holdings Limited - Changes to the Board of            
Directors                                                                       
Pinnacle Technology Holdings Limited                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1986/000334/06)                                            
Share code: PNC                                                                 
ISIN: ZAE000022570                                                              
("Pinnacle")                                                                    
Changes to the Board of Directors                                               
It is with sadness and regret that Pinnacle announces the passing of its        
Chairman Mr Cyril Deveraux Biddlecombe on Saturday 30 July 2011.                
In terms of paragraph 3.59 of the JSE Limited Listings Requirements,            
shareholders are advised that Mr Ashley Tugendhaft will act as                  
chairperson of the Board until the directors elect a new chairperson in         
due course. Mr Tugendhaft is the Senior Partner of Tugendhaft Wapnick           
Banchetti and Partners Attorneys and serves as the chairperson of               
Pinnacle`s Audit Committee and as a member of the Remuneration Committee.       
Midrand                                                                         
1 August 2011                                                                   
Sponsor                                                                         
Deloitte & Touche Sponsor Services (Proprietary) Limited                        
Date: 01/08/2011 10:59:01 Supplied by www.sharenet.co.za                     
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