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Mon 21 Oct 2002, 15:16 Allied Electronics Corporation Limited - Notice of
Allied Electronics Corporation Limited - Notice of Sharedealings                
Allied Electronics Corporation Limited ("Altron")                               
Share code: ATN     ISIN: ZAE000029658                                          
Share code: ATNP    ISIN: ZAE000029666                                          
NOTICE OF SHAREDEALINGS LODGED WITH THE JSE Securities Exchange South Africa IN 
TERMS OF LISTINGS REQUIREMENTS PARAGRAPH 3.72                                   
Name of Company:        Allied Electronics Corporation Limited                  
Name of Director:       Dr HA Serebro                                           
Designation:            Senior Executive Director                               
Number of securities    32 279 Altron participating preference                  
sold:                   shares                                                  
Price sold at:          R7,80 per share                                         
Strike price per share: R3,49                                                   
Date:                   17 October 2002                                         
Nature of Transaction:  Exercise of share options in the normal                 
course - direct beneficial interest                     
Johannesburg                                                                    
21 October 2002                                                                 
Date: 21/10/2002 02:55:00 PM Produced by the JSE SENS Department
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