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Tue 18 Jan 2011, 17:43 ATN/ ATNP - Allied Electronics Corporation Limited - Dealing in securities
ATN   ATNP
ATN                                                                             
ATN/ ATNP - Allied Electronics Corporation Limited - Dealing in securities      
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: Allocation, Award and Grant of Share        
Appreciation Rights (SARs), Performance Shares and Bonus Shares in terms of the 
Altron 2009 Share Plan                                                          
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                                  
Number of Share Appreciation Rights:    57 672                                  
Number of Performance Shares:           50 150                                  
Number of Bonus Shares:                 21 904                                  
Total deemed value                      R3 452 008.86                           
Name of director:                       AMR Smith                               
Designation:                            Chief Financial Officer                 
Name of company:                        Altron                                  
Number of Share Appreciation Rights:    23 861                                  
Number of Performance Shares:           17 636                                  
Number of Bonus Shares:                 7 876                                   
Total deemed value                      R 1 313 815.53                          
Name of company secretary:              AG Johnston                             
Designation:                            Group Company Secretary                 
Name of company:                        Altron                                  
Number of Share Appreciation Rights:    17 287                                  
Number of Performance Shares:           9 771                                   
Number of Bonus Shares:                 4 209                                   
Total deemed value                      R 832 014.87                            
Name of director:                       RJ Abraham                              
Designation:                            Chief Executive Officer                 
Name of company:                        Bytes Technology Group (Proprietary)    
                                       Limited                                  
Number of Share Appreciation Rights:    26 794                                  
Number of Performance Shares:           11 650                                  
Number of Bonus Shares:                 9 700                                   
Total deemed value                      R1 281 111.84                           
Name of director:                       PR Riskowitz                            
Designation:                            Financial Director                      
Name of company:                        Bytes Technology Group (Proprietary)    
                                       Limited                                  
Number of Share Appreciation Rights:    21 608                                  
Number of Performance Shares:           9 395                                   
Number of Bonus Shares:                 5 073                                   
Total deemed value                      R959 982.36                             
Name of director:                       NR Murphy                               
Designation:                            Executive Director                      
Name of company:                        Bytes Technology Group (Proprietary)    
                                       Limited                                  
Number of Share Appreciation Rights:    18 354                                  
Number of Performance Shares:           7 980                                   
Number of Bonus Shares:                 5 247                                   
Total deemed value                      R840 370.41                             
Name of director:                       N Claussen                              
Designation:                            Chief Executive Officer                 
Name of company:                        Power Technologies (Proprietary) Limited
Number of Share Appreciation Rights:    29 820                                  
Number of Performance Shares:           22 041                                  
Number of Bonus Shares:                 7 048                                   
Total deemed value                      R1 567 568.49                           
Name of director:                       HJ Coetzee                              
Designation:                            Executive Director                      
Name of company:                        Power Technologies (Proprietary) Limited
Number of Share Appreciation Rights:    23 190                                  
Number of Performance Shares:           10 083                                  
Number of Bonus Shares:                 3 333                                   
Total deemed value                      R974 085.66                             
Name of director:                       RL Kruger                               
Designation:                            Executive Director                      
Name of company:                        Power Technologies (Proprietary) Limited
Number of Share Appreciation Rights:    17 153                                  
Number of Performance Shares:           7 458                                   
Number of Bonus Shares:                 1 678                                   
Total deemed value                      R699 550.29                             
Name of director:                       NM Kayton                               
Designation:                            Financial Director                      
Name of company:                        Power Technologies (Proprietary) Limited
Number of Share Appreciation Rights:    17 287                                  
Number of Performance Shares:           7 516                                   
Number of Bonus Shares:                 4 059                                   
Total deemed value                      R768 017.82                             
Name of director:                       L Viljoen                               
Designation:                            Executive Director                      
Name of company:                        Power Technologies (Proprietary) Limited
Number of Share Appreciation Rights:    15 558                                  
Number of Performance Shares:           6 764                                   
Number of Bonus Shares:                 5 275                                   
Total deemed value                      R734 356.17                             
Name of director:                       GR Geldenhuis                           
Designation:                            Executive Director                      
Name of company:                        Power Technologies (Proprietary) Limited
Number of Share Appreciation Rights:    16 422                                  
Number of Performance Shares:           7 140                                   
Number of Bonus Shares:                 3 856                                   
Total deemed value                      R729 592.98                             
Name of director:                       S Macheli-Mkhabela                      
Designation:                            Director                                
Name of company:                        Power Technologies (Proprietary) Limited
Number of Share Appreciation Rights:    15 212                                  
Number of Performance Shares:           8 598                                   
Number of Bonus Shares:                 3 694                                   
Total deemed value                      R731 881.44                             
Name of company secretary:              E Defillo                               
Designation:                            Powertech Company Secretary             
Name of company:                        Power Technologies (Proprietary) Limited
Number of Share Appreciation Rights:    2 474                                   
Number of Bonus Shares:                 277                                     
Total deemed value                      R73 204.11                              
Award price of SARs, performance shares R26.61                                  
and bonus shares:                                                               
Acceptance date for above transactions: 18 January 2011                         
Nature of above transactions:           Allocation, award and grant of SARs,    
                                       performance shares and bonus shares      
                                       respectively in accordance with the      
                                       rules of the Altron 2009 Share Plan      
Nature of interest for above transactions:   Direct beneficial                  
Clearance to deal obtained:                  Yes                                
Johannesburg                                                                    
18 January 2011                                                                 
Sponsor                                                                         
Investec Bank                                                                   
Date: 18/01/2011 17:43:01 Produced by the JSE SENS Department.                  
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