PNC 201408080019A
Trading Statement

Pinnacle Holdings Limited
(Previously Pinnacle Technology Holdings Limited)
Registration number 1986/000334/06
Share Code: PNC
ISIN: ZAE000184149
(“Pinnacle” or “the Company”)

TRADING STATEMENT

In compliance with section 3.4(b) of the JSE Listings Requirements, Pinnacle wishes
to provide guidance to the market regarding the anticipated headline earnings per
share ("HEPS") and earnings per share ("EPS") ranges for the year ended 30 June
2014.
Shareholders are advised that the Company is reasonably certain that its results for
the year ended 30 June 2014 will reflect a HEPS of between 160 and 175 cents per
share and EPS of between 165 and 180 cents per share. This compares to HEPS of
205.6 cents in the comparative period to 30 June 2013, a decline of between 15 and
22%, and to EPS of 205.8 cents, a decline of between 13 and 20%.
The above information has not been reviewed or reported on by the Company`s
auditors. The Company`s audited financial results for the year ended 30 June 2014
are expected to be published on or about 5 September 2014.

Midrand
8 August 2014

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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