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Wed 27 May 2009, 9:25 ATN/ATNP - Altron - Dealing in securities by directors
ATN   ATNP
ATN                                                                             
ATN/ATNP - Altron - Dealing in securities by directors                          
Allied Electronics Corporation Limited                                          
Registration number 1947/024583/06)                                             
Incorporated in the Republic of South Africa)                                   
Share Code: ATN     ISIN: ZAE000029658                                          
Share Code: ATNP    ISIN: ZAE000029666                                          
("Altron" or "the company")                                                     
Dealing in securities by directors                                              
In compliance with rule 3.63 of the JSE Listings Requirements, the following    
information is disclosed:                                                       
Name of director:             RE Venter                                         
Designation:                  Chief Executive                                   
Name of company:              Altron                                            
Date of transaction:          26 May 2009                                       
Number of securities:         108 788 participating preference shares           
Strike price:                 R4.85                                             
Price sold:                   R22.00                                            
Value of transaction:         R2 393 336                                        
Nature of transaction:        Exercise and sale of share options                
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
Name of director:             RE Venter                                         
Designation:                  Chief Executive                                   
Name of company:              Altron                                            
Date of transaction:          26 May 2009                                       
Number of securities:         122 833 participating preference shares           
Strike price:                 R11.20                                            
Price sold:                   R22.01                                            
Value of transaction          R2 703 554                                        
Nature of transaction:        Exercise and sale of share options                
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
Name of director:             PC Riley                                          
Designation:                  Executive Director                                
Name of company:              Power Technologies (Pty) Limited                  
Date of transaction:          26 May 2009                                       
Number of securities:         39 400 participating preference shares            
Strike price:                 R4.70                                             
Price sold:                   R22.04                                            
Value of transaction          R868 376                                          
Nature of transaction:        Exercise and sale of share options                
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
Johannesburg                                                                    
27 May 2009                                                                     
Sponsor                                                                         
Investec Bank                                                                   
Date: 27/05/2009 09:25:02 Produced by the JSE SENS Department.                  
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