PNC - Pinnacle Technology Holdings Limited - Trading statement

PNC - 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" or "the group")                                    
TRADING STATEMENT                                                               
In terms of the Listings Requirements of JSE Limited ("JSE"), companies are     
required to publish a trading statement as soon as they become reasonably       
certain that the financial results for the period to be reported on will be     
more than 20% different from that of the previous corresponding period.         
Shareholders are advised that for the 6 months ended 31 December 2011 the       
group`s headline earnings are projected to be at least 45% higher than the      
results of the comparative period last year.  The resulting headline            
earnings per share is projected to be not less than 75 cents per share,         
which is at least 56% higher than the results of the comparative period (31     
December 2010: 48 cents per share).                                             
Earnings per share is also projected to be at least 75 cents per share          
being at least 56% higher than the results of the comparative period (31        
December 2010: 48 cents per share).                                             
The above information has not been reviewed or reported on by the company`s     
auditors. The company`s financial results for the 6 months ended 31             
December 2011 are expected to be published on or about the middle of March      
2012.                                                                           
Midrand                                                                         
24 January 2012                                                                 
Sponsor                                                                         
Deloitte & Touche Sponsor Services (Pty) Limited                                
Date: 24/01/2012 13:55:30 Supplied by www.sharenet.co.za                     
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