PNC 201510010039A
Cautionary announcement

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

CAUTIONARY ANNOUNCEMENT

Shareholders are advised that Pinnacle has entered into negotiations, which if successfully
concluded may have a material effect on the price of the Company’s securities.

Accordingly, shareholders are advised to exercise caution when dealing in the Company’s
securities until a full announcement is made.

Johannesburg
1 October 2015

Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

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