ALLIED ELECTRONICS CORPORATION LTD - Dealing in securities by directors

Dealing in securities by directors

Allied Electronics Corporation Limited
Registration number 1947/024583/06)
Incorporated in the Republic of South Africa)
Share Code: ATN       ISIN: ZAE000029658
Share Code: ATNP ISIN: ZAE000029666
(“Altron” or “the company”)

Dealing in securities by directors

In compliance with rule 3.63 of the JSE Listings Requirements, the following information is
disclosed:

Name of director:                    RE Venter
Designation:                         Chief Executive
Name of company:                     Altron
Date of transaction:                 4 December 2012
Number of securities:                32 716 Altron participating preference shares
Price sold:                          R21.30
Value of transaction                 R696 850.80
Nature of transaction:               Sale of shares in the open market pursuant to the vesting and
                                     exercise of Altron performance shares and bonus shares
                                     (participating preference shares) in terms of The Altron 2009
                                     Share Plan as adopted and approved by shareholders
Nature of interest:                  Direct beneficial
Clearance to deal obtained:          Yes



Name of company secretary:           RJ Abraham
Designation:                         Chief Executive Officer
Name of company:                     Bytes Technology Group (Pty) Ltd – Major Subsidiary
Date of transaction:                 4 December 2012
Number of securities:                13 282 Altron participating preference shares
Nature of transaction:               Vesting and delivery of Altron performance shares and bonus
                                     shares (participating preference shares) off market and for no
                                     consideration in terms of The Altron 2009 Share Plan as
                                     adopted and approved by shareholders
Nature of interest:                  Direct beneficial
Clearance to deal obtained:          Yes



Name of company secretary:           PR Riskowitz
Designation:                         Chief Financial Officer
Name of company:                     Bytes Technology Group (Pty) Ltd – Major Subsidiary
Date of transaction:                 4 December 2012
Number of securities:                9 758 Altron participating preference shares
Nature of transaction:               Vesting and delivery of Altron performance shares and bonus
                                     shares (participating preference shares) off market and for no
                                     consideration in terms of The Altron 2009 Share Plan as
                                     adopted and approved by shareholders
Nature of interest:                  Direct beneficial
Clearance to deal obtained:          Yes



Johannesburg
5 December 2012



Sponsor
Investec Bank




                             
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