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Fri 17 Oct 2003, 16:04 NOTICE OF SHARE DEALINGS
ALLIED ELECTRONICS CORPORATION LIMITED - NOTICE OF SHARE DEALINGS               
  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 IN
  TERMS OF LISTINGS REQUIREMENTS PARAGRAPH 3.63                                   
    Name of Company:                Allied Electronics Corporation Limited        
    Name of Director:               Dr HA Serebro                                 
  Designation:                    Senior Executive Director                     
    Number of securities purchased:  2 600 Altron ordinary shares                 
    Price purchased at:             R9.39 per share                               
    Date:                           16 October 2003                               
  Nature of Transaction:          Direct beneficial interest                    
    Clearance to deal:              This was obtained in advance in accordance    
                                    with JSE Listings Requirements - paragraph    
                                    3.66.                                         
  Johannesburg                                                                    
  17 October 2003                                                                 
  Date: 17/10/2003 03:40:02 PM Produced by the JSE SENS Department                
                                                                                  
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