Charges against a customer of Pinnacle Pinnacle Holdings Limited Registration number 1986/000334/06 Share Code: PNC ISIN: ZAE000184149 (“Pinnacle”) Charges against a customer of Pinnacle Pinnacle shareholders are advised that Pinnacle Micro (Pty) Ltd, a major subsidiary of Pinnacle, previously trading as “Pinnacle Africa”, has been mentioned in the charging and court appearance of Brigadier-General Leon Eggers (“Eggers”) of the South African Defence Force (the “Department”). Eggers is accused of favouring Pinnacle Africa and another supplier in the award of business, by using his official position to obtain from them private gifts or benefits for himself during the performance of his duties. Pinnacle Africa dealt with Eggers and the Department over a number of years and in the same manner as any other customer. Pinnacle Africa networks with its customers and invites customers to many events, including sporting events, at Pinnacle Africa’s expense. Pinnacle Africa has never requested nor expected nor received, any special treatment or favours from any of its customers, in return for any such entertainment provided by it, and it would never do so. Pinnacle will keep shareholders informed of any developments in this matter. Midrand 26 September 2016 Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd Date: 26/09/2016 02:40:00 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.