AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by a director and director´s associate Dealing in securities by a director and director´s associate 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 AND DIRECTOR´S ASSOCIATE In compliance with paragraph 3.63 - 3.64 of the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr M Nyati Company : Allied Electronics Corporation Limited Date of transaction : 15 December 2017 Number of securities : 70 812 Nature of transaction : On-market acquisition of securities Class of securities : Altron A ordinary shares Share price : R12.00 Total value of transaction : R849 744.00 Nature of interest : direct, Beneficial Clearance obtained : Yes Director : Mr M Nyati Company : Allied Electronics Corporation Limited Date of transaction : 15 December 2017 Number of securities : 10 000 Nature of transaction : On-market acquisition of securities Class of securities : Altron A ordinary shares Share price : R11.98 Total value of transaction : R119 800.00 Nature of interest : direct, Beneficial Clearance obtained : Yes Director : Mr M Nyati Company : Allied Electronics Corporation Limited Date of transaction : 15 December 2017 Number of securities : 2 521 Nature of transaction : On-market acquisition of securities Class of securities : Altron A ordinary shares Share price : R11.80 Total value of transaction : R29 747.00 Nature of interest : direct, Beneficial Clearance obtained : Yes Director : Mr AC Ball Director : Mr S Sithole Company : Allied Electronics Corporation Limited Director´s Associate : H4 Collective Investments (RF) Proprietary Limited act on behalf of the H4 Qualified Investor Hedge Fund Scheme in respect of the Value Active PFP H4 QI Hedge Fund ("the Fund"). Value Capital Partners Proprietary Limited (in which Mr AC Ball and Mr S Sithole each have a 50% interest)are the advisors to Peregrine Fund Platform Proprietary Limited, the registered Fund investment manager, while Mr AC Ball and Mr S Sithole are the portfolio managers Company : Allied Electronics Corporation Limited Date of transaction : 14 December 2017 Number of securities : 88 567 Nature of transaction : On-market acquisition of securities Class of securities : Altron A ordinary shares Share price : R11.2024 Total value of transaction : R992 162.96 Nature of interest : Indirect, Beneficial Clearance obtained : Yes Date of transaction : 13 December 2017 Number of securities : 189 169 Nature of transaction : On-market acquisition of securities Class of securities : Altron A ordinary shares Share price : R11.3228 Total value of transaction : R2 141 922.75 Nature of interest : Indirect, Beneficial Clearance obtained : Yes Johannesburg 15 December 2017 Sponsor Investec Bank Limited Date: 15/12/2017 04:45:00 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.