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


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.


31 August 2018

Investec Bank Limited

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