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Thu 6 Apr 2017, 16:57 ALLIED ELECTRONICS CORPORATION LIMITED - Section 122 notifications
AEL 201704060042A
Section 122 notifications

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


SECTION 122 NOTIFICATIONS

Where applicable, the definitions and interpretations commencing on page 6 of the Circular
to Shareholders dated 9 February 2017 have been used in this SENS announcement.

In accordance with Section 3.83(b) of the JSE Listings Requirements, Altron hereby confirms
that the company has received the following notices in terms of Section 122 of the
Companies Act, 71 of 2008 from the Public Investment Corporation (SOC) Ltd and Sanlam
Investment Management (Pty) Ltd, dated 4 April 2017 and 5 April 2017, respectively.

The Public Investment Corporation (SOC) Ltd has informed Altron that as a result of the
conclusion of the Restructure, in line with the revised Salient Dates and Times announced to
shareholders on SENS on 17 March 2017, it has acquired Altron ordinary shares and that
the Public Investment Corporation (SOC) Ltd now holds 8.886% of the issued ordinary share
capital of the company.

Sanlam Investment Management (Pty) Ltd has informed Altron that as a result of the
conclusion of the Restructure, in line with the revised Salient Dates and Times announced to
shareholders on SENS on 17 March 2017, it has acquired Altron ordinary shares on behalf
of its clients and that Sanlam Investment Management (Pty) Ltd now holds 17.35% of the
issued ordinary share capital of the company.

Johannesburg
6 April 2017


Sponsor
Investec Bank Limited

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