Director's Dealings 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 a director In compliance with rule 3.63 of the JSE Listings Requirements, the following information is disclosed: Name of director : Dr JEW Carstens Designation : Chief Financial Officer Company : Altron TMT Holdings Limited (formerly Allied Technologies Limited) Date of transaction : 23 May 2014 Class of securities : Altron participating preference shares Number of securities : 47 933 Price sold : R26.35 per share Value of transaction : R1 263 034.55 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 director : Dr JEW Carstens Designation : Chief Financial Officer Company : Altron TMT Holdings Limited (formerly Allied Technologies Limited) Date of transaction : 26 May 2014 Class of securities : Altron participating preference shares Number of securities : 5 000 Strike price : R17.94 Price sold : R26.50 per share Value of transaction : R132 500.00 Nature of transaction : Sale of shares in the open market pursuant to the vesting and exercise of Altron share appreciation rights (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 director : Dr JEW Carstens Designation : Chief Financial Officer Company : Altron TMT Holdings Limited (formerly Allied Technologies Limited) Date of transaction : 26 May 2014 Class of securities : Altron participating preference shares Number of securities : 9 512 Strike price : R17.94 Price sold : R26.75 per share Value of transaction : R254 446.00 Nature of transaction : Sale of shares in the open market pursuant to the vesting and exercise of Altron share appreciation rights (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 Johannesburg 27 May 2014 Sponsor Investec Bank Date: 27/05/2014 04:10:00 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.