Altron Updated Trading Statement

Allied Electronics Corporation Limited
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code: AEL  ISIN: ZAE000191342
 ("Altron" or "the company")

Altron Updated Trading Statement

Shareholders are referred to the trading statement released by the company on SENS on       13
September 2017. Shareholders are now advised that a reasonable degree of certainty exists
that in respect of the company´s total operations basic earnings per share for the six months
ended 31 August 2017 will be a profit of 22 - 23 cents (as against the previous corresponding
period profit of 6 cents).

Altron´s interim results for the financial half-year ended 31 August 2017 are expected to be
announced on 26 October 2017.

This trading statement has not been reviewed or reported on by Altron´s external auditor.

By order of the board.

20 October 2017

Investec Bank Limited

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