AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in Securities by a Director´s Associate
Dealing in Securities by a 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´S ASSOCIATE

In compliance with paragraph 3.64 (h) of the JSE Limited Listings Requirements,
the following information is disclosed:


Director                               :    Mr AC Ball
Director                               :    Mr S Sithole
Company                                :    Allied Electronics Corporation
                                            Limited
Director´s Associate                   :    Value Capital Partners Pty Ltd
                                            ("VCP") (in which Mr AC Ball and Mr
                                            S Sithole have an indirect
                                            beneficial interest), who are the
                                            advisors to Peregrine Fund Platform
                                            (Pty) Ltd, the registered
                                            investment manager for various
                                            funds advised by VCP.
Company                                :    Allied Electronics Corporation
                                            Limited

Date of transaction                    :    31 July 2018
Number of securities                   :    370 696
Nature of transaction                  :    On-market acquisition of securities
Class of securities                    :    Altron A ordinary shares
Share price                            :    R15.25
Total value of transaction             :    R5 653 114.00
Nature of interest                     :    Indirect, Beneficial
Clearance obtained                     :    Yes

Date of transaction                    :    30 July 2018
Number of securities                   :    618 671
Nature of transaction                  :    On-market acquisition of securities
Class of securities                    :    Altron A ordinary shares
Share price                            :    R14.8928
Total value of transaction             :    R9 213 743.47
Nature of interest                     :    Indirect, Beneficial
Clearance obtained                     :    Yes


Johannesburg
2 August 2018

Sponsor
Investec Bank Limited

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