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ALTRON - Dealing In Securities By Director                                      
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 WP Venter                                         
Designation:               Chairman                                             
Number of securities       284 300 Altron participating preference              
sold:                      shares                                               
Price sold at:             R8,00 per share                                      
Date:                      20 May 2003                                          
Nature of Transaction:     Direct beneficial interest                           
Johannesburg                                                                    
21 March 2003                                                                   
Date: 21/05/2003 04:01:51 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department

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