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Allied Electronics Corporation Limited                                          
("Altron")                                                                      
Share code: ATN     ISIN: ZAE000029658                                          
Share code: ATNP    ISIN: ZAE000029666                                          
NOTICE OF SHARE DEALINGS LODGED WITH THE JSE Securities Exchange South Africa   
("JSE") IN TERMS OF PARAGRAPH 3.72 oF THE EXISTING JSE LISTINGS REQUIREMENTS    
Name of Company:            Allied Electronics Corporation Limited              
Name of Director:           Dr HA Serebro                                       
Designation:                Senior Executive Director                           
Number of securities        3 000 Altron ordinary shares                        
purchased:                                                                      
Price purchased at:         R9,00 per share                                     
Date:                       27 June 2003                                        
Nature of Transaction:      Direct beneficial interest                          
Johannesburg                                                                    
27 June 2003

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