AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Update: Chief Financial Officer Update: Chief Financial Officer Allied Electronics Corporation Limited (Registration number 1947/024583/06) (Incorporated in the Republic of South Africa) Share code: AEL ISIN: ZAE000191342 ("Altron") UPDATE: CHIEF FINANCIAL OFFICER Shareholders are referred to previous communication with regard to the appointment of Mr Tim Jacobs as acting Chief Financial Officer ("CFO") of Altron. The recruitment process of identifying a permanent CFO remains ongoing. As a result, Mr Jacobs will remain in his role until 28 February 2019. Johannesburg 31 August 2018 Sponsor Investec Bank Limited Date: 31/08/2018 12:30:00 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.