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Wed 1 Sep 2004, 14:14 DIRECTORS SHAREDEALINGS
ALLIED ELECTRONICS CORPORATION LIMITED - DIRECTORS SHAREDEALINGS                
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`)                                                                      
DIRECTORS SHAREDEALINGS                                                         
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:                  Dr HA Serebro                                
Designation:                       Senior Executive Director                    
Number of securities purchased:    6 500 Alton ordinary shares                  
Price purchased at:                R11.60 per share                             
Strike price:                      R7.00 per share                              
Total value:                       R75 400.00                                   
Date:                              31 August 2004                               
Nature of transaction:             Direct beneficial interest                   
Clearance to deal:                 This was obtained in advance in              
                                   accordance with JSE Listings Requirements    
                                   - paragraph 3.66                             
Johannesburg                                                                    
1 September 2004                                                                
Sponsor                                                                         
Cazenove
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