Altron Trading Statement 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”) Altron Trading Statement Shareholders are referred to the Altron trading statement published on SENS on 31 January 2013 and are advised that both the Altech East and West Africa disposals were concluded with effect from 28 February 2013. Accordingly all of the entries discussed in the previous trading statement will be booked in the financial year ended 28 February 2013. Shareholders are therefore advised that a reasonable degree of certainty exists that the company’s headline earnings per share for the financial year ended 28 February 2013 is expected to be lower by between 27% and 32% as against the previous corresponding period. Headline earnings per share has been affected by a very challenging second half for the Powertech operations, particularly in the Cables business, as well as the trading losses incurred by Altech’s East and West African operations prior to their disposal. Bytes has performed in line with expectations. Basic earnings per share for the financial year ended 28 February 2013 is expected to be a loss of between 91 cents and 99 cents, as against a profit of 55 cents in the previous corresponding period. Basic earnings per share has been affected by a combination of the loss on disposal of Altech’s East and West African operations, as well as the impairments taken at the half year with respect to these same operations. Altron’s annual financial results for the year ended 28 February 2013 are expected to be released on SENS on or about 8 May 2013. This trading statement has not been reviewed or reported on by Altron’s external auditor. By order of the board. Johannesburg 12 April 2013 Sponsor Investec Bank Limited Date: 12/04/2013 05:03:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.