AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Dealing in securities by directors and company secretary of Altron and certain of its major subsidiaries Dealing in securities by directors and company secretary of Altron and certain of its major subsidiaries Allied Electronics Corporation Limited Registration number 1947/024583/06) Incorporated in the Republic of South Africa) Share code: AEL ISIN: ZAE000191342 ("Altron" or "the company") DEALING IN SECURITIES BY DIRECTORS AND COMPANY SECRETARY OF ALTRON AND CERTAIN OF ITS MAJOR SUBSIDIARIES In compliance with paragraph 3.63 of the JSE Listings Requirements, the following information is disclosed: Name of director: AMR Smith Designation: Chief Financial Officer Name of company: Allied Electronics Corporation Limited Date of transaction: 15 August 2017 Number of securities: 32 325 Altron A ordinary shares Exercise price: R12.61 Value of transaction R407 618.25 Nature of transaction: Settlement of shares (off market) pursuant to the automatic vesting and exercise of Altron bonus shares in terms of The Altron 2009 Share Plan as adopted and approved by shareholders Nature of interest: Direct beneficial Clearance to deal obtained: Yes Name of director: AJ Holden Designation: Executive Director Name of company: Altron TMT Holdings Proprietary Limited Date of transaction: 16 August 2017 Number of securities: 11 925 Altron A ordinary shares Exercise price: R12.61 Value of transaction R150 374.25 Nature of transaction: Settlement of shares (off market) pursuant to the automatic vesting and exercise of Altron bonus shares in terms of The Altron 2009 Share Plan as adopted and approved by shareholders Number of securities: 10 366 Altron A ordinary shares Selling price: R12.45 Value of transaction R129 056.70 Nature of transaction: Sale of shares in the open market to settle the tax liability arising as a result of the settlement of the shares referred to above pursuant to the vesting and exercise of Altron bonus shares Nature of interest: Direct beneficial Clearance to deal obtained: Yes Name of director: JL Klein Designation: Executive Director Name of company: Altron TMT Holdings Proprietary Limited Date of transaction: 16 August 2017 Number of securities: 17 118 Altron A ordinary shares Price sold: R12.45 Value of transaction R213 119.10 Nature of transaction: Sale of shares in the open market pursuant to the vesting and exercise of Altron bonus shares in terms of The Altron 2009 Share Plan as adopted and approved by shareholders. Nature of interest: Direct beneficial Clearance to deal obtained: Yes Name of company secretary: WK Groenewald Designation: Group Company Secretary Name of company: Allied Electronics Corporation Limited Date of transaction: 15 August 2017 Number of securities: 405 Altron A ordinary shares Exercise price: R12.61 Value of transaction R5 107.05 Nature of transaction: Settlement of shares (off market) pursuant to the automatic vesting and exercise of Altron bonus shares in terms of The Altron 2009 Share Plan as adopted and approved by shareholders Nature of interest: Direct beneficial Clearance to deal obtained: Yes Johannesburg 17 August 2017 Sponsor Investec Bank Date: 17/08/2017 10:00:00 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.