PINNACLE HOLDINGS LIMITED - Full Capital Redemption and Interest Payment

Full Capital Redemption and Interest Payment

Pinnacle Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1986/000334/06)
Stock code: PTH01      ISIN: ZAG000105230
(“Pinnacle”)


FULL CAPITAL REDEMPTION AND INTEREST PAYMENT


Pinnacle commenced its R2 500 000 000 Domestic Medium Term Note Programme (“Programme”) on 19 April 2013.

Holders of the PTH01 notes are advised that under the terms of the Programme, the Applicable
Pricing Supplement (“APS”) dated 25 April 2013 and the amended APS dated 2 December 2014:

- the entire capital amount will be redeemed; and
- the interest of 9.083% p.a. (210 bps over 3 month JIBAR of 6.983% p.a. at 1 February 2016)
  for the period 1 February 2016 to 2 May 2016 (“the Final Interest”) will be paid,
  on 3 May 2016.

Details of the capital redemption and Final Interest payment are as follows:

                                                        
           Capital redemption      Final Interest       Amount outstanding after capital
           amount:                 amount:              redemption and Final Interest
                                                        payment:
  
  PTH01    R315 000 000.00         R7 211 653.15        R0.00


Johannesburg
28 April 2016

Debt Sponsor
Merchantec Capital

Date: 28/04/2016 03:33:00 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.