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PNC - Pinnacle - Revised Trading Statement

Release Date: 28/02/2012 17:25
Code(s): PNC
Wrap Text

PNC - Pinnacle - Revised 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") REVISED TRADING STATEMENT In compliance with section 3.4(b) of the JSE Listings Requirements, Pinnacle is pleased to provide further guidance to the market regarding the anticipated interim headline earnings per share ("HEPS") and earnings per share ("EPS") ranges forthe 6 months ended 31 December 2011. Shareholders are referred to the trading statement dated 24 January 2012 statingthat for the 6 months ended 31 December 2011 the Company`s HEPS and EPS wasprojected to be not less than 75 cents per share which is higher than the results of the comparative period by at least 56% in each case. Shareholders are advised that the Company is reasonably certain that its interim results for the 6 months ended 31 December 2011 will reflect a HEPS and EPS of between 76 cents per share and 80 cents per share which is between 58% and 67% higher than both the HEPS and EPS of 48.0 cents per share of the comparative period last year. The above information has not been reviewed or reported on by the Company`s auditors. The Company`s unaudited interim financial results for the 6 months ended 31 December 2011 areexpected to be published on or about 15 March 2012. Midrand 28 February 2012 Sponsor Deloitte & Touche Sponsor Services (Pty) Ltd (Incorporated in the Republic of South Africa) (Registration number 1996/000034/07) Date: 28/02/2012 17:25:01 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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