CSP01/079

Panel Requires Erroneous Acceptances in Vanteck Bid for Pinnacle to Be Returned

The Panel advises that it has today decided to require a group of acceptances for approximately two million shares be reversed in the bid by Vanteck (VRB) Technology Corp for Pinnacle VRB Limited. The Panel advises that it has made a declaration of unacceptable circumstances in response to an application by Ronay Investments Pty Ltd and Mr David Pethard in relation to the acceptances.