Dealing in securities by directors of Power Technologies Proprietary Limited, a major subsidiary of Altron 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 of Power Technologies Proprietary Limited, a major subsidiary of Altron In compliance with paragraph 3.63 of the JSE Listings Requirements, the following information is disclosed: Name of director: G Geldenhuis Designation: Executive Director Name of company: Power Technologies Proprietary Limited Date of transaction: 19 August 2016 Number of securities: 4 262 Altron N ordinary shares Price sold: R5.36 Value of transaction R22 844.32 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: 19 August 2016 Number of securities: 2 332 Altron N ordinary shares Price sold: R5.36 Value of transaction R12 499.52 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 August 2016 Sponsor Investec Bank Date: 23/08/2016 03:21:00 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.