Pinnacle : Revenue, Headline Earnings, Earnings per Share (“EPS”) and Headline Earnings per Share (“HEPS”)

Pinnacle Holdings Limited

Registration number 1986/000334/06

Share Code: PNC

ISIN: ZAE000184149

('Pinnacle' or 'the Group' or 'the Company')

VOLUNTARY TRADING STATEMENT AND UPDATE

Revenue, Headline Earnings, Earnings per Share ('EPS') and Headline Earnings per Share ('HEPS')

Shareholders are advised that the Company is reasonably certain that its interim results for the 6 months ended 31 December 2016 will reflect the following:

	6 months to 31 December 2016 Expected Values	6 months to 31December 2015 Actual	6 months to 31 December 2016 Expected change percentage
Revenue	R6,300 to R6,375 million	R4,331 million	+45% to +47%
Headline earnings	R170 to R180 million	R150 million	+13% to +20%
EPS	103 to 108 cents	94.4 cents	+9% to +14%
HEPS	104 to 108 cents	94.1 cents	+11% to +15%

A. The acquisitions of Datacentrix Holdings Limited and Solareff (Proprietary) Limited in the second half of the last financial year have contributed to the growth in revenue for the six months ended 31 December 2016.

B. All operations within the group have performed in line with, or in excess of, our expectations, contributing to a pleasing increase in the profitability of the group.

The above information has not been reviewed or reported on by the Company's auditors. The Company's unaudited interim financial results for the six Months ended 31 December 2016 are expected to be published on SENS on or about 2 March 2017.

Midrand

9 February 2017

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd