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Mon 31 May 2004, 8:36 PURCHASE OF ORDINARY SHARES BY A DIRECTOR
PINNACLE TECHNOLOGY HOLDINGS LIMITED - PURCHASE OF ORDINARY SHARES BY A DIRECTOR
  Pinnacle Technology Holdings Limited                                            
  Incorporated in the Republic of South Africa                                    
  (Registration number 1986/000334/06)                                            
  JSE Share code: PNC                                                             
  ISIN: ZAE000022570                                                              
  (`Pinnacle`)                                                                    
  PURCHASE OF ORDINARY SHARES BY A DIRECTOR                                       
  In compliance with paragraphs 3.63 (a) and (b) of the Listings Requirements of  
  the JSE Securities Exchange South Africa, the following is disclosed:           
  Director:                     C. Nowitz                                         
  Designation:                  Managing director of subsidiary                   
  Name of subsidiary                                                              
  company (70% owned):          Pinnacle Micro Cape (Pty) Ltd                     
  Extent of interest:           Beneficial - direct                               
  Dates of transactions:        19 May 2004                                       
  Number of Pinnacle ordinary                                                     
  shares purchased:             16 000                                            
  Price per share:              23 cents                                          
  Value of transactions                                                           
  (Rand):                     3 680.00                                            
  Prior approval to trade in Pinnacle shares was granted on 10 May 2004.          
  Midrand                                                                         
  31 May 2004                                                                     
  Date: 31/05/2004 07:19:02 AM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  

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