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Wed 5 Nov 2003, 14:43 DEALINGS BY DIRECTOR
ALLIED ELECTRONICS CORPORATION LIMITED - DEALINGS BY DIRECTOR                   
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 sold:       2 000 Altron ordinary shares                   
Price purchased at:              R9.80 per share                                
Date:                            3 November 2003                                
Nature of Transaction:           Direct beneficial interest - purchase          
                                 of shares                                      
Clearance to deal:               This was obtained in advance in                
                                 accordance with JSE Listings                   
                                 Requirements - paragraph 3.66                  
Johannesburg                                                                    
5 November 2003                                                                 
Date: 05/11/2003 02:40:25 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department
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