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Tue 5 Apr 2016, 14:00 PINNACLE HOLDINGS LIMITED - Dealing in securities by associates of director
PNC 201604050040A
Dealing in securities by associates of director

Pinnacle Holdings Limited
Registration number 1986/000334/06
Share Code: PNC
ISIN: ZAE000184149
(“Pinnacle”)

Dealing in securities by associates of director

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, Pinnacle advises that the
following dealing took place between Caterham Trust (“Caterham”) and Redhill Trust (“Redhill”), both associates of
Mr E van der Merwe, a director of Pinnacle:

Name of Director                                  E van der Merwe, a trustee and beneficiary of both Trusts
Position                                          Non - executive director
Nature of Interest                                Indirect / Beneficial
Type of Transaction                               Sale of securities by Caterham to Redhill
Class of Security                                 Ordinary shares in Pinnacle
Number of shares                                  1 Trade totalling 395 745 shares
Price per share                                   1500 cents
Value of Transaction                              R5 936 175
Date of Transaction                               4 April 2016

The trades were done off-market and clearance to deal was obtained.

Midrand
5 April 2016

Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

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