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Allied Electronics Corporation Limited                                          
  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 WP Venter                                   
  Designation:                     Chairman                                       
  Number of securities sold:       4 800 Altron participating preference          
                                   shares                                         
  Price sold at:                   R10.10 per share                               
  Strike price:                    R6.10 per share                                
  Date:                            19 November 2003                               
  Nature of transaction:           Direct beneficial interest - exercise          
  of share options in the normal course.         
  Clearance to deal:               This was obtained in advance in                
                                   accordance with JSE Listings                   
                                   Requirements - paragraph 3.66

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