AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in Securities by a Director of a Major Subsidiary Dealing in Securities by a Director of a Major Subsidiary ALLIED ELECTRONICS CORPORATION LIMITED (Registration number 1947/024583/06) (Incorporated in the Republic of South Africa) Share Code: AEL ISIN: ZAE000191342 ("Altron") DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr AJ Holden Title : Director Company : Altron TMT Holdings (Pty) Ltd Date of transaction : 15 May 2019 Number of securities : 11 249 Nature of transaction : On-market purchase of securities Class of securities : Altron A ordinary shares Share price : R22.27 Value of transaction : R250 515.23 Nature of interest : Direct Beneficial Clearance to deal obtained : Yes Date of transaction : 14 May 2019 Number of securities : 8 939 Nature of transaction : On-market purchase of securities Class of securities : Altron A ordinary shares Share price : R22.2927 Value of transaction : R199 274.45 Nature of interest : Direct Beneficial Clearance to deal obtained : Yes Date of transaction : 13 May 2019 Number of securities : 20 000 Nature of transaction : On-market purchase of securities Class of securities : Altron A ordinary shares Share price : R 22.00 Value of transaction : R 440 000.00 Nature of interest : Direct Beneficial Clearance to deal obtained : Yes Johannesburg 16 May 2019 Sponsor Investec Bank Limited Date: 16/05/2019 10:30:00 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.