ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by a director

Dealing in securities by a director

ALLIED ELECTRONICS CORPORATION LIMITED
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code: AEL    ISIN: ZAE000191342

DEALING IN SECURITIES BY A DIRECTOR

In compliance with paragraphs 3.63 - 3.64 of the JSE Limited Listings
Requirements, the following information is disclosed:


Director                               :    Mr M Nyati
Company                                :    Allied Electronics Corporation
                                            Limited
Date of transaction                    :    19 May 2017
Number of securities                   :    225 000
Nature of transaction                  :    On-market acquisition of securities
Class of securities                    :    Altron A ordinary shares
Share price                            :    R10.7961
Total value of transaction             :    R2 429 122.50
Nature of interest                     :    Direct, Beneficial
Clearance obtained                     :    Yes


Director                               :    Mr M Nyati
Company                                :    Allied Electronics Corporation
                                            Limited
Date of transaction                    :    22 May 2017
Number of securities                   :    175 000
Nature of transaction                  :    On-market acquisition of securities
Class of securities                    :    Altron A ordinary shares
Share price                            :    R10.8839
Total value of transaction             :    R1 904 682.5
Nature of interest                     :    Direct, Beneficial
Clearance obtained                     :    Yes


Johannesburg
24 May 2017

Sponsor
Investec Bank Limited

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