AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by an associate of a Director Dealing in securities by an associate of a Director 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 AN ASSOCIATE OF A DIRECTOR In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr AC Ball Title : Non-Executive Director Director : Mr S Sithole Title : Non-Executive Director Company : Allied Electronics Corporation Limited Name of Associate : Value Capital Partners (Pty) Ltd* Date of transaction : 31 October 2018 Number of securities : 279 Nature of transaction : On-market disposal of securities Class of securities : Altron A ordinary shares Share price : R17.5266 Value of transaction : R4,889.92 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes VCP´s back-office entered into the above trades on the 31 October 2018 to cover transaction costs associated with an automatic portfolio rebalancing amongst its various funds for its month-end process. * Mr AC Ball and Mr S Sithole have an indirect beneficial interest in Value Capital Partners (Pty) Ltd ("VCP"), which is the advisor to Peregrine Fund Platform (Pty) Ltd, the registered investment manager for various funds advised by VCP. Johannesburg 6 November 2018 Sponsor Investec Bank Limited Date: 06/11/2018 11:45:00 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.