Updated 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") 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 headline earnings per share ("HEPS") and earnings per share ("EPS") ranges for the year ended 30 June 2012. Shareholders are referred to the trading statement released on SENS on 23 July 2012 which stated that the Group’s audited results for the 12 months ended 30 June 2012 was reasonably predicted to reflect a HEPS of between 170 cents per share and 177 cents per share representing an increase in HEPS of between 45% and 50% over the HEPS of 117.7 cents per share for the comparative year and an EPS of between 168 cents per share and 175 cents per share which represents an increase of between 39% and 45% over the EPS of 121.0 cents per share for the comparative year respectively. Shareholders are now advised that the Company is reasonably certain that its HEPS for the 12 months ended 30 June 2012 will still be in that range, but that the range for its EPS will be in the same range as it was advised for its HEPS, i.e. between 170 cents per share and 177 cents per share, which is between 42% and 46% up on last year’s EPS of 121 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 year ended 30 June 2012 are expected to be published on or about 7 September 2012. Midrand 5 September 2012 Sponsor Deloitte & Touche Sponsor Services (Pty) Limited Date: 05/09/2012 11:46:00 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.