Dealings in Securities by a Director of a Major Subsidiary

In compliance with paragraphs 3.63 and 3.64 of the Listings Requirements of the JSE Limited (“Listings Requirements”), the following dealing took place by a director of a major subsidiary of Pinnacle:

Name of Director                     G J Wiehahn

Position                                   Director of Major Subsidiary

Date                                        16 November 2011

Nature of interest                     Direct / Beneficial

Type of transactions                Purchases of CFDs on ordinary shares

Class of security                      CFD

Number of contracts                2 trades totalling 18 000 shares

Price                                        1036 cents

Total value of transactions      R186 480.00

Trade was done on-market and clearance to deal was obtained in terms of paragraph 3.66 of the Listings Requirements.

Midrand

Thursday, 17 November 2011

Sponsor: Deloitte and Touche Sponsor Services (Pty) Limited