We discuss the possible source of a highly-dispersed radio transient discovered in the Parkes Multi-beam Pulsar Survey ( PMPS ) . The pulse has a dispersion meausure of 746 \mathrm { cm } ^ { -3 } \mathrm { pc } , a peak flux density of 400 mJy for the observed pulse width of 7.8 ms , and a flat spectrum across a 288 -MHz band centred on 1374 MHz . The flat spectrum suggests that the pulse did not originate from a pulsar , but is consistent with radio-emitting magnetar spectra . The non-detection of subsequent bursts constrains any possible pulsar period to \gtrsim 1 s , and the pulse energy distribution to being much flatter than typical giant pulse emitting pulsars . The burst is also consistent with the radio signal theorised from an annihilating mini black hole . Extrapolating the PMPS detection rate , provides a limit of \Omega _ { BH } \lesssim 5 \times 10 ^ { -14 } on the density of these objects . We investigate the consistency of these two scenarios , plus several other possible solutions , as potential explanations to the origin of the pulse , as well as for another transient with similar properties : the Lorimer Burst .