AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by a directors' associate
Dealing in securities by a directors' 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") (through which Mr AC Ball
                                            and Mr S Sithole have an indirect
                                            beneficial interest in the Value
                                            Active PFP H4 QI Hedge Fund and the
                                            Segregated Mandate in respect of
                                            the Sentinel Retirement Fund). VCP
                                            is the advisor to Peregrine Fund
                                            Platform (Pty) Ltd, the registered
                                            Fund Investment Manager for the
                                            Value Active PFP H4 QI Hedge Fund
                                            and the Segregated Mandate in
                                            respect of the Sentinel Retirement
                                            Fund.
Company                                :    Allied Electronics Corporation
                                            Limited

Date of transaction                    :    22 June 2018
Number of securities                   :    443 802
Nature of transaction                  :    On-market acquisition of securities
Class of securities                    :    Altron A ordinary shares
Share price                            :    R15.2832
Total value of transaction             :    R6 782 714.73
Nature of interest                     :    Indirect, Beneficial
Clearance obtained                     :    Yes

Date of transaction                    :    21 June 2018
Number of securities                   :    279 144
Nature of transaction                  :    On-market acquisition of securities
Class of securities                    :    Altron A ordinary shares
Share price                            :    R15.2102
Total value of transaction             :    R4 245 836.07
Nature of interest                     :    Indirect, Beneficial
Clearance obtained                     :    Yes

Date of transaction                    :    20 June 2018
Number of securities                   :    3 236 324
Nature of transaction                  :    On-market acquisition of securities
Class of securities                    :    Altron A ordinary shares
Share price                            :    R15.2957
Total value of transaction             :    R49 501 841.01
Nature of interest                     :    Indirect, Beneficial
Clearance obtained                     :    Yes



Johannesburg
25 June 2018

Sponsor
Investec Bank Limited

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