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Mon 19 Jan 2004, 14:02 DEALING IN SECURITIES BY DIRECTOR
ALLIED ELECTRONICS CORPORATION LIMITED - 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 3.63                                   
  Name of company:                Allied Electronics Corporation Limited          
  Name of subsidiary director:    JEW Carstens                                    
  Designation:                    Financial director of Allied Technologies       
                                  Limited                                         
  Number of securities sold:      6 600 Altron participating preference shares    
  Price sold at:                  R11.00 per share                                
  Strike price:                   R4.80 per share                                 
  Date:                           16 January 2004                                 
  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                                            
  Name of company:                Allied Electronics Corporation Limited          
  Name of subsidiary director:    JBA Horton                                      
  Designation:                    Managing Director of National Data Systems,     
                                  a division of Bytes Technology Group Limited    
  Number of securities sold:      99 500 Altron participating preference          
                                  shares                                          
  Price sold at:                  R11.00 per share                                
  Strike price:                   R3.49 per share                                 
  Date:                           16 January 2004                                 
  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                                            
  Name of company:                Allied Electronics Corporation Limited          
  Name of subsidiary director:    SF Linford                                      
  Designation:                    Altron Group Secretary                          
  Number of securities sold:      800 Altron participating preference shares      
  Price sold at:                  R11.00 per share                                
  Strike price:                   R4.80 per share                                 
  Date:                           16 January 2004                                 
  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                                            
  Name of company:                Allied Electronics Corporation Limited          
  Name of subsidiary director:    KC Plowden                                      
  Designation:                    Chief Executive of ABB Powertech                
                                  Transformers (Pty) Limited                      
  Number of securities sold:      3 200 Altron participating preference shares    
  Price sold at:                  R11.00 per share                                
  Strike price:                   R4.80 per share                                 
  Date:                           16 January 2004                                 
  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                                            
  Name of company:                Allied Electronics Corporation Limited          
  Name of subsidiary director:    PD Redshaw                                      
  Designation:                    Chief Executive of Bytes Technology Group       
                                  Limited                                         
  Number of securities sold:      12 500 Altron participating preference          
  shares                                          
  Price sold at:                  R11.00 per share                                
  Strike price:                   R6.50 per share                                 
  Date:                           16 January 2004                                 
  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                                            
  Name of company:                Allied Electronics Corporation Limited          
  Name of subsidiary director:    PD Redshaw                                      
  Designation:                    Chief Executive of Bytes Technology Group       
  Limited                                         
  Number of securities sold:      6 085 Altron participating preference shares    
  Price sold at:                  R11.00 per share                                
  Strike price:                   R4.80 per share                                 
  Date:                           16 January 2004                                 
  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                                            
  Name of company:                Allied Electronics Corporation Limited          
  Name of subsidiary director:    PD Redshaw                                      
  Designation:                    Chief Executive of Bytes Technology Group       
                                  Limited                                         
  Number of securities sold:      5 000 Altron participating preference shares    
  Price sold at:                  R11.00 per share                                
  Strike price:                   R4.80 per share                                 
  Date:                           16 January 2004                                 
  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                                            
  Name of company:                Allied Electronics Corporation Limited          
  Name of subsidiary director:    DR HA Serebro                                   
  Designation:                    Senior Executive Director: Business             
                                  Development                                     
  Number of securities sold:      9 400 Altron participating preference shares    
  Price sold at:                  R11.00 per share                                
  Strike price:                   R4.80 per share                                 
  Date:                           16 January 2004                                 
  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                                            
  Name of company:                Allied Electronics Corporation Limited          
  Name of subsidiary director:    CC Woolard                                      
  Designation:                    Financial Director of Aberdare Cables (Pty)     
                                  Limited                                         
  Number of securities sold:      2 800 Altron participating preference shares    
  Price sold at:                  R11.00 per share                                
  Strike price:                   R4.80 per share                                 
  Date:                           16 January 2004                                 
  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                                            
  Johannesburg                                                                    
  19 January 2004                                                                 
  Sponsor                                                                         
  Cazenove South Africa (Pty) Ltd                                                 
  Date: 19/01/2004 01:25:05 PM Produced by the JSE SENS Department
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