Dealing in securities by directors and company secretaries of Altron and certain of its major subsidiaries Allied Electronics Corporation Limited Registration number 1947/024583/06) Incorporated in the Republic of South Africa) Share code: AEL ISIN: ZAE000191342 Share code: AEN ISIN: ZAE000191359 (“Altron” or “the company”) Dealing in securities by directors and company secretaries of Altron and certain of its major subsidiaries In compliance with paragraph 3.63 of the JSE Listings Requirements, the following information is disclosed: Name of director: RE Venter Designation: Chief Executive Name of company: Allied Electronics Corporation Limited Date of transaction: 20 May 2016 Number of securities: 21 317 Altron N ordinary shares Exercise price: R5.80 Value of transaction R123 638.60 Nature of transaction: Settlement of shares (off market) pursuant to the automatic vesting and exercise of Altron bonus shares (Altron N ordinary 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: AMR Smith Designation: Chief Financial Officer Name of company: Allied Electronics Corporation Limited Date of transaction: 20 May 2016 Number of securities: 7 096 Altron N ordinary shares Exercise price: R5.80 Value of transaction R41 156.80 Nature of transaction: Settlement of shares (off market) pursuant to the automatic vesting and exercise of Altron bonus shares (Altron N ordinary 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: AG Johnston Designation: Group Company Secretary Name of company: Allied Electronics Corporation Limited Date of transaction: 20 May 2016 Number of securities: 2 473 Altron N ordinary shares Exercise price: R5.80 Value of transaction R14 343.40 Nature of transaction: Settlement of shares (off market) pursuant to the automatic vesting and exercise of Altron bonus shares (Altron N ordinary shares) in terms of The Altron 2009 Share Plan as aopted and approved by shareholders Number of securities: 1 827 Altron N ordinary shares Selling price: R5.80 Value of transaction R10 596.60 Nature of transaction: Sale of shares in the open market to settle the tax liability arising as a result of the settlement of the shares referred to above pursuant to the vesting and exercise of Altron bonus shares (Altron N ordinary shares) Nature of interest: Direct beneficial Clearance to deal obtained: Yes Name of director: NM Kayton Designation: Chief Executive Officer Name of company: Power Technologies Proprietary Limited Date of transaction: 20 May 2016 Number of securities: 6 611 Altron N ordinary shares Price sold: R5.80 Value of transaction R38 343.80 Nature of transaction: Sale of shares in the open market pursuant to the vesting and exercise of Altron bonus shares (Altron N ordinary 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: G Geldenhuis Designation: Executive Director Name of company: Power Technologies Proprietary Limited Date of transaction: 20 May 2016 Number of securities: 10 685 Altron N ordinary shares Price sold: R5.80 Value of transaction R61 973.00 Nature of transaction: Sale of shares in the open market pursuant to the vesting and exercise of Altron bonus shares (Altron N ordinary 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: B Meyer Designation: Executive Director Name of company: Power Technologies Proprietary Limited Date of transaction: 20 May 2016 Number of securities: 5 656 Altron N ordinary shares Price sold: R5.80 Value of transaction R32 804.80 Nature of transaction: Sale of shares in the open market pursuant to the vesting and exercise of Altron bonus shares (Altron N ordinary 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: KG Edmond Designation: Executive Director Name of company: Power Technologies Proprietary Limited Date of transaction: 20 May 2016 Number of securities: 3 023 Altron N ordinary shares Price sold: R5.80 Value of transaction R17 533.40 Nature of transaction: Sale of shares in the open market pursuant to the vesting and exercise of Altron bonus shares (Altron N ordinary 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: E Defillo Designation: Company Secretary Name of company: Power Technologies Proprietary Limited Date of transaction: 20 May 2016 Number of securities: 818 Altron N ordinary shares Price sold: R5.80 Value of transaction R4 744.40 Nature of transaction: Sale of shares in the open market pursuant to the vesting and exercise of Altron 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: PR Riskowitz Designation: Executive Director Name of company: Altron TMT Holdings Proprietary Limited Date of transaction: 20 May 2016 Number of securities: 28 152 Altron N ordinary shares Exercise price: R5.80 Value of transaction R163 281.60 Nature of transaction: Settlement of shares (off market) pursuant to the automatic vesting and exercise of Altron bonus shares (Altron N ordinary 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: LM Savage Designation: Executive Director Name of company: Altron TMT Holdings Proprietary Limited Date of transaction: 20 May 2016 Number of securities: 8 368 Altron N ordinary shares Price sold: R5.80 Value of transaction R48 534.40 Nature of transaction: Sale of shares in the open market pursuant to the vesting and exercise of Altron bonus shares (Altron N ordinary 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: AJ Holden Designation: Executive Director Name of company: Altron TMT Holdings Proprietary Limited Date of transaction: 20 May 2016 Number of securities: 19 194 Altron N ordinary shares Price sold: R5.80 Value of transaction R111 325.20 Nature of transaction: Sale of shares in the open market pursuant to the vesting and exercise of Altron bonus shares (Altron N ordinary 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 WH Oosthuysen Designation: Executive Director Name of company: Altron TMT Proprietary Limited Date of transaction: 20 May 2016 Number of securities: 5 047 Altron N ordinary shares Price sold: R5.80 Value of transaction R29 272.60 Nature of transaction: Sale of shares in the open market pursuant to the vesting and exercise of Altron bonus shares (Altron N ordinary 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 23 May 2016 Sponsor Investec Bank Date: 23/05/2016 04:54:00 Produced by the JSE SENS Department. 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