Cloudcoco Regulatory News (CLCO)

2 August 2011

Pinnacle Telecom Group plc ("Pinnacle" or "the Company")

Substantial Interests in Shares and Total Voting Rights

Correction

The number of Ordinary shares issued under the acquisition of MacLellan IT Ltd is 186,046,491 and not 186,041,228 Ordinary shares as previously announced in RNS Number: 4434L on 1 August 2011.

Substantial Interests

As a result of the acquisition of MacLellan IT Ltd, Pinnacle received notification today that MacLellan IT Ltd is the beneficial owner of 186,046,491 Ordinary Shares of 0.10p each in the ordinary share capital of the Company, representing 9.06% of the issued ordinary share capital.

As a direct result of the acquisition noted above, the following further substantial interests in the issued ordinary share capital of the Company that require to be notified are as follows:

Voting Rights

The Company also announces that pursuant to the requirements of the Disclosure and Transparency Rules, the total number of voting rights in respect of each ordinary share in issue and admitted to trading on AIM at the date of this announcement is as follows:

The above figure of 2,053,475,550 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the FSA's Disclosure and Transparency Rules.

There are no shares held in treasury by the Company.