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Mon 19 Jan 2004, 15:45 DIRECTORS SHAREDEALINGS - AMENDMENT
ALLIED ELECTRONICS CORPORATION LIMITED - DIRECTORS SHAREDEALINGS - AMENDMENT    
  Allied Electronics Corporation Limited                                          
  ("Altron")                                                                      
  JSE Share code: ATN                                                             
  ISIN: ZAE000029658                                                              
  JSE Share code: ATNP                                                            
  ISIN: ZAE000029666                                                              
  DIRECTORS SHAREDEALINGS - AMENDMENT                                             
  With reference to the announcement released on 19 January 2004 at 13:25 the     
  following errors were made:                                                     
  Name of subsidiary director:    SF Linford                                      
  Should be                                                                       
  Name of company secretary:      SF Linford                                      
  Name of subsidiary director:    PD Redshaw                                      
  Should be                                                                       
  Name of director:               PD Redshaw                                      
  Name of subsidiary director:    Dr HA Serebro                                   
  Should be                                                                       
  Name of director:               Dr HA Serebro                                   
  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 company secretary:      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 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 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 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 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                                            
  Johannesburg                                                                    
  19 January 2004                                                                 
  Sponsor:                                                                        
  Cazenove South Africa (Pty) Ltd                                                 
  Date: 19/01/2004 03:39:04 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
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