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Thu 29 Jul 2004, 17:28 Directors Share Dealings
Altron - Directors Share Dealings                                               
Allied Electronics Corporation Limited                                          
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1947/024583/06)                                            
Share code: ATN     ISIN: ZAE000029658                                          
Share code: ATNP    ISIN: ZAE000029666                                          
(`Altron`)                                                                      
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 director:                  RE Venter                                    
Designation:                       Chief Executive                              
Number of securities allocated:    368 500 Altron participating preference      
                                   shares                                       
Strike price:                      R11.20 per share                             
Value of share options granted:    R4 127 200                                   
Date granted:                      27 July 2004                                 
Nature of transaction:             Direct beneficial interest - allocation of   
                                   share options in the normal course of        
employment.                                  
Name of company:                   Allied Electronics Corporation Limited       
Name of director:                  DC Radley                                    
Designation:                       Chief Financial Officer                      
Number of securities allocated:    134 100 Altron participating preference      
                                   shares                                       
Strike price:                      R11.20 per share                             
Value of share options granted:    R1 501 920                                   
Date granted:                      27 July 2004                                 
Nature of transaction:             Direct beneficial interest - allocation of   
                                   share options in the normal course of        
                                   employment.                                  
Name of company:                   Allied Electronics Corporation Limited       
Name of director:                  DC Mpofu                                     
Designation:                       Executive Director: Corporate Affairs        
Number of securities allocated:    153 500 Altron participating preference      
shares                                       
Strike price:                      R11.20 per share                             
Value of share options granted:    R1 719 200                                   
Date granted:                      27 July 2004                                 
Nature of transaction:             Direct beneficial interest - allocation of   
                                   share options in the normal course of        
                                   employment.                                  
Name of company:                   Allied Electronics Corporation Limited       
Name of subsidiary director:       N Claussen                                   
Designation:                       Chief Executive of Power Technologies (Pty)  
                                   Limited                                      
Number of securities allocated:    115 100 Altron participating preference      
shares                                       
Strike price:                      R11.20 per share                             
Value of share options granted:    R1 289 120                                   
Date granted:                      27 July 2004                                 
Nature of transaction:             Direct beneficial interest - allocation of   
                                   share options in the normal course of        
                                   employment.                                  
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 allocated:    40 300 Altron participating preference shares
Strike price:                      R11.20 per share                             
Value of share options granted:    R451 360                                     
Date granted:                      27 July 2004                                 
Nature of transaction:             Direct beneficial interest - allocation of   
share options in the normal course of        
                                   employment.                                  
Name of company:                   Allied Electronics Corporation Limited       
Name of subsidiary director:       KV Burger                                    
Designation:                       Chief Executive of the Powertech Battery     
                                   Group                                        
Number of securities allocated:    100 000 Altron participating preference      
                                   shares                                       
Strike price:                      R11.20 per share                             
Value of share options granted:    R1 120 000                                   
Date granted:                      27 July 2004                                 
Nature of transaction:             Direct beneficial interest - allocation of   
share options in the normal course of        
                                   employment.                                  
Name of company:                   Allied Electronics Corporation Limited       
Name of subsidiary director:       CJ Meiring                                   
Designation:                       Chief Executive of Aberdare Cables (Pty)     
                                   Limited                                      
Number of securities allocated:    110 000 Altron participating preference      
                                   shares                                       
Strike price:                      R11.20 per share                             
Value of share options granted:    R1 232 000                                   
Date granted:                      27 July 2004                                 
Nature of transaction:             Direct beneficial interest - allocation      
of share options in the normal course of     
                                   employment.                                  
Name of company:                   Allied Electronics Corporation Limited       
Name of subsidiary director:       NM Kayton                                    
Designation:                       Financial Director of Power Technologies     
                                   (Pty) Limited                                
Number of securities allocated:    246 400 Altron participating preference      
                                   shares                                       
Strike price:                      R11.20 per share                             
Value of share options granted:    R2 759 680                                   
Date granted:                      27 July 2004                                 
Nature of transaction:             Direct beneficial interest - allocation      
of share options in the normal course of     
                                   employment.                                  
Name of company:                   Allied Electronics Corporation Limited       
Name of subsidiary director:       PC Riley                                     
Designation:                       Director: Projects - Power Technologies      
                                   (Pty) Limited                                
Number of securities allocated:    50 000 Altron participating preference       
                                   shares                                       
Strike price:                      R11.20 per share                             
Value of share options granted:    R560 000                                     
Date granted:                      27 July 2004                                 
Nature of transaction:             Direct beneficial interest - allocation      
of share options in the normal course of     
                                   employment.                                  
Name of company:                   Allied Electronics Corporation Limited       
Name of subsidiary director:       PA Nothard                                   
Designation:                       Chief Executive of the Powertech             
                                   Industrial Group                             
Number of securities allocated:    150 000 Altron participating preference      
                                   shares                                       
Strike price:                      R11.20 per share                             
Value of share options granted:    R1 680 000                                   
Date granted:                      27 July 2004                                 
Nature of transaction:             Direct beneficial interest - allocation      
of share options in the normal course of     
                                   employment.                                  
Altron Management Services (Pty) Limited                                        
Secretaries                                                                     
per: SF Linford                                                                 
GROUP SECRETARY                                                                 
Sponsor                                                                         
Cazenove
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