Renewal of cautionary announcement

(Incorporated in the Republic of South Africa)
(Registration number: 1947/024583/06)
Share code: AEL ISIN: ZAE000191342
(“Altron” or “the Company”)


Shareholders are referred to the announcement released on the Stock Exchange News Service on 2 April
2020 relating, inter alia, to the potential separation and separate listing of Altron’s UK subsidiary, Bytes
Technology Group Limited on the London Stock Exchange (the “Potential Transaction”).

Shareholders are advised that the Company is continuing its preparation work to effect the Potential
Transaction and accordingly, Altron shareholders are advised to continue to exercise caution when dealing
in the Company’s securities.

20 May 2020

Financial Advisor and Transaction Sponsor
Rand Merchant Bank, a division of FirstRand Bank Limited

Date: 20-05-2020 08:19:00
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