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 paragraph 3.63 of the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr RE Venter Company : Allied Electronics Corporation Limited Date of transaction : 13 June 2017 Nature of shares retained : 136 956 Class of securities : Altron A ordinary shares Exercise price : R10.99 Total value of transaction : R1 505 146.44 Nature of transaction : Settlement of shares (off market) pursuant to the automatic vesting and exercise of Altron bonus and performance shares in terms of the Altron 2009 Share Plan as adopted and approved by shareholders Nature of interest : Direct, Beneficial Clearance obtained : Yes Director : Mr RE Venter Company : Allied Electronics Corporation Limited Date of transaction : 14 June 2017 Number of securities : 12 309 Class of securities : Altron A ordinary shares Selling price : R11.15 Total value of transaction : R137 245.35 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 the Altron bonus and Nature of interest : performance shares Direct beneficial Clearance obtained : Yes Johannesburg 15 June 2017 Sponsor Investec Bank Limited Date: 15/06/2017 07:30:00 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.