PNG - Pinnacle Point Group Limited - Notice of Winding-Up Order

PNG - Pinnacle Point Group Limited - Notice of Winding-Up Order                 
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")                                             
NOTICE OF WINDING-UP ORDER                                                      
Further to the SENS announcement dated 26 September 2011, shareholders are      
advised of the following:                                                       
IN THE HIGH COURT OF SOUTH AFRICA                                               
(WESTERN CAPE HIGH COURT, CAPE TOWN)                                            
CASE NO: 192383/11                                                              
In the matter of:                                                               
MICHAEL JOHN LANE                                     Business Rescue           
                                                     Practitioner               
                                                                                
In re: the matter between                                                       


CAPE POINT VINEYARDS (PTY) LTD                        Applicant                 
                                                                                
and                                                                             


PINNACLE POINT GROUP LIMITED                          First Respondent          
(Registration number: 2000/000059/06)                                           
                                                                                
THE COMPANIES AND INTELLECTUAL PROPERTY COMMISSION    Second Respondent         
                                                                                
and in the matter between:                                                      
                                                                                
ATVANTAGE PROJECT MANAGERS (PTY) LTD                  Intervening Party         
(Registration number: 2001/018653/07)                                           
                                                                                
and                                                                             


CAPE POINT VINEYARDS (PTY) LTD                        Applicant                 
                                                                                
and                                                                             


PINNACLE POINT GROUP LIMITED                          Respondent                
(Registration number: 2000/000059/06)                                           
                                                                                
Having heard Counsel for the Business Rescue Practitioner, the Applicant and the
Intervening Party, it is ordered by agreement:                                  
1    That the Applicant`s non-compliance with the forms and service provided for
    in Rule 6 of the Uniform Rules of Court be condoned and that this matter be 
heard as one of urgency in terms of Rule 6(12) thereof.                     
2    That the business rescue proceedings of the Company are converted to       
    liquidation proceedings in terms of Section 132(2)(a)(ii) of the Act.       
3    That a rule nisi be issued calling upon any interested party to appear and 
to show cause, if any, to this Honourable Court on FRIDAY, 4 NOVEMBER 2011  
    at 10h00 or as soon thereafter as counsel may be heard as to:               
3.1  Why the Company should not be placed under final liquidation; and          
3.2  Why the costs of this application should not be costs in the winding-up.   
TAKE NOTICE that you may obtain copies of the winding-up application from Mr C  
Assheton-Smith, telephone number 021 - 417 3300 and e-mail cas@glynmarais.co.za 
or Mr A Ginsberg, telephone number 021 - 417 3300 and e-mail                    
aginsberg@glynmarais.co.za of attorneys Glyn Marais Inc who are acting on behalf
of the Applicant in the winding-up order.                                       
Johannesburg                                                                    
6 October 2011                                                                  
Designated Advisor                                                              
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 06/10/2011 17:10:02 Supplied by www.sharenet.co.za                     
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