PNG - Pinnacle Point Group Limited - Request for voluntary suspension

PNG - Pinnacle Point Group Limited - Request for voluntary suspension           
PINNACLE POINT GROUP LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration Number 2000/000059/06)                                            
JSE Share code:  PNG                                                            
NSE Share code: PNG                                                             
ISIN: ZAE000127122                                                              
("Pinnacle Point" or the "Company")                                             
REQUEST FOR VOLUNTARY SUSPENSION                                                
The directors of Pinnacle Point have applied to the JSE for suspension of       
its securities with immediate effect following the notice of motion             
received by the company on Monday, 26 September 2011 as announced on            
SENS.  Shareholders are advised that provisional liquidation was granted        
on Tuesday, 27 September 2011.                                                  
The company, certain creditors and shareholders are of the opinion that         
business rescue continues to be in the best interests of creditors and          
shareholders and will be considering a further application for business         
rescue.                                                                         
Shareholders will be kept appraised of developments in due course.              
Johannesburg                                                                    
27 September 2011                                                               
Designated Advisor                                                              
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 28/09/2011 08:14:01 Supplied by www.sharenet.co.za                     
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