Dealings in Securities by a Director

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 Pinnacle:

Name of Director T A M Tshivhase

Position Executive Director

Date 30 November 2011

Nature of interest Direct / Beneficial

Type of transactions Purchase of securities

Class of security Ordinary shares

Number of contracts 2 trades totalling 1 100 shares

Price for both trades 1 040 cents

Value of transaction R11 440.00

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