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Fri 21 May 2004, 16:13 NOTICE OF SHAREDEALINGS
ALLIED ELECTRONICS CORPORATION LIMITED - NOTICE OF SHAREDEALINGS LODGED WITH THE
  JSE SECURITIES EXCHANGE SOUTH AFRICA                                            
  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:  Mr CC Woolard                                     
  Designation:                  Financial Director - Aberdare Cables (Pty)        
                                Limited                                           
  Number of securities sold:    14 600 Altron participating preference shares     
  Price sold at:                R11.50 per Altron participating preference        
                                share                                             
  Strike price:                 R5.05 per Altron participating preference         
  share                                             
  Date:                         19 May 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:  Mr PK Wattrus                                     
  Designation:                  Financial Director - Autopage Cellular (Pty)      
                                Limited                                           
  Number of securities sold:    1 100 Altron participating preference shares      
  Price sold at:                R11.50 per Altron participating preference        
                                share                                             
  Strike price:                 R6.50 per Altron participating preference         
                                share                                             
  Date:                         19 May 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:  Mr PK Wattrus                                     
  Designation:                  Financial Director - Autopage Cellular (Pty)      
                                Limited                                           
  Number of securities sold:    800 Altron participating preference shares        
  Price sold at:                R11.50 per Altron participating preference        
  share                                             
  Strike price:                 R4.80 per Altron participating preference         
                                share                                             
  Date:                         19 May 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:             Mr RE Venter                                      
  Designation:                  Altron Chief Executive                            
  Number of securities sold:    45 000 Altron participating preference shares     
  Price sold at:                R11.50 per Altron participating preference        
                                share                                             
  Strike price:                 R5.05 per Altron participating preference         
  share                                             
  Date:                         19 May 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:  Mr KC Plowden                                     
  Designation:                  Managing Director - ABB Powertech                 
                                Transformers (Pty) Limited                        
  Number of securities sold:    28 000 Altron participating preference shares     
  Price sold at:                R11.50 per Altron participating preference        
                                share                                             
  Strike price:                 R5.05 per Altron participating preference         
                                share                                             
  Date:                         19 May 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:  Mr IP Pennel                                      
  Designation:                  Chief Executive Officer - Fintech (Pty)           
                                Limited                                           
  Number of securities sold:    8 400 Altron participating preference shares      
  Price sold at:                R11.50 per Altron participating preference        
  share                                             
  Strike price:                 R4.80 per Altron participating preference         
                                share                                             
  Date:                         19 May 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:  Mr IP Pennel                                      
  Designation:                  Chief Executive Officer - Fintech (Pty)           
  Limited                                           
  Number of securities sold:    18 500 Altron participating preference shares     
  Price sold at:                R11.50 per Altron participating preference        
                                share                                             
  Strike price:                 R4.85 per Altron participating preference         
                                share                                             
  Date:                         19 May 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:  Mr CJ Meiring                                     
  Designation:                  Chief Executive Officer - Aberdare Cables         
                                (Pty) Limited                                     
  Number of securities sold:    1 400 Altron participating preference shares      
  Price sold at:                R11.50 per Altron participating preference        
                                share                                             
  Strike price:                 R4.80 per Altron participating preference         
  share                                             
  Date:                         19 May 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:  Mr CJ Meiring                                     
  Designation:                  Chief Executive Officer - Aberdare Cables         
                                (Pty) Limited                                     
  Number of securities sold:    15 600 Altron participating preference shares     
  Price sold at:                R11.50 per Altron participating preference        
                                share                                             
  Strike price:                 R5.05 per Altron participating preference         
                                share                                             
  Date:                         19 May 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:  Mr CJ Meiring                                     
  Designation:                  Chief Executive Officer - Aberdare Cables         
                                (Pty) Limited                                     
  Number of securities sold:    6 300 Altron participating preference shares      
  Price sold at:                R11.50 per Altron participating preference        
  share                                             
  Strike price:                 R5.25 per Altron participating preference         
                                share                                             
  Date:                         19 May 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:  Mr PF du Preez                                    
  Designation:                  Managing Director of Arrow Altech                 
  Distribution (Pty) Limited                        
  Number of securities sold:    600 Altron participating preference shares        
  Price sold at:                R11.50 per Altron participating preference        
                                share                                             
  Strike price:                 R6.50 per Altron participating preference         
                                share                                             
  Date:                         19 May 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:  Mr PF du Preez                                    
  Designation:                  Managing Director of Arrow Altech                 
                                Distribution (Pty) Limited                        
  Number of securities sold:    400 Altron participating preference shares        
  Price sold at:                R11.50 per Altron participating preference        
                                share                                             
  Strike price:                 R4.80 per Altron participating preference         
  share                                             
  Date:                         19 May 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                                                                    
  21 May 2004                                                                     
  Sponsor                                                                         
  Cazenove                                                                        
  Date: 21/05/2004 02:58:18 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
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