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Wed 6 May 2009, 9:30 PNG - Pinnacle Point Group - Appointment of Hennie Pretorius as Chief
PNG
PNG                                                                             
PNG - Pinnacle Point Group - Appointment of Hennie Pretorius as Chief           
                             Executive Officer                                  
PINNACLE POINT GROUP LIMITED                                                    
(Formerly Acc-Ross Holdings Limited)                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 2000/000059/06)                                            
Share code: PNG & ISIN: ZAE000127122                                            
("Pinnacle" or "the company")                                                   
APPOINTMENT OF HENNIE PRETORIUS AS CHIEF EXECUTIVE OFFICER                      
The Board of Pinnacle has announced the appointment of Mr Hennie Pretorius to   
the Pinnacle Board as Chief Executive Officer in succession to the current Chief
Executive Officer.  Wilfred Robinson will be stepping down with immediate effect
to pursue other business interests in Johannesburg.                             
Mr Pretorius has a proven track record in the legal, financing, and property    
fields both in South Africa and Europe.  He is a former partner at Edward Nathan
and holds several directorships in Europe and in South Africa. He has been      
involved in many property and financing transactions both in South Africa and   
Europe over the past 20 years including the successful Arabella golf estate     
development in South Africa.                                                    
The Board of Pinnacle is delighted to have secured the services of someone of Mr
Pretorius`s calibre and is confident that he will lead Pinnacle to reach its    
full potential.                                                                 
The Board would like to thank Mr Robinson for his steady guidance and valuable  
contribution to the company over the past three years.                          
Johannesburg                                                                    
06 May 2009                                                                     
Designated Advisor:                                                             
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 06/05/2009 09:30:01 Produced by the JSE SENS Department.                  
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