Finalisation announcement and revised salient dates and times Allied Electronics Corporation Limited Incorporated in the Republic of South Africa Registration Number: 1947/024583/06 ISIN: ZAE000191342 Share Code: AEL Share Code: AEN ISIN: ZAE000191359 (“Altron” or the “Company”) FINALISATION ANNOUNCEMENT AND REVISED SALIENT DATES AND TIMES 1. INTRODUCTION The definitions and interpretations commencing on page 6 of the Circular to Shareholders dated 9 February 2017 have been used in this SENS announcement. Shareholders are referred to the announcement released on SENS on 10 March 2017 confirming that all special and ordinary resolutions proposed at both the N Shareholder Meeting and Special General Meeting were passed by the requisite majority of votes. Shareholders are further referred to the Circular, which should be read in its entirety for a full understanding of the Restructure. The Board is pleased to advise that all conditions precedent to the Restructure have been fulfilled earlier than anticipated and that the Restructure is therefore fully unconditional. Shareholders are advised that the Restructure will now be implemented in accordance with the following revised Salient Dates and Times. 2. REVISED SALIENT DATES AND TIMES 2017 Last day to trade in the N Shares in order to be recorded in the Register on the Repurchase Scheme Record Date Tuesday, 28 March N Shares suspended from trading on the JSE with effect from the commencement of business on Wednesday, 29 March Announcement released on SENS in respect of the cash payment applicable to fractional entitlements to the Repurchase Scheme Consideration, based on the VWAP of an A Share traded on the JSE on Thursday, 30 March Wednesday, 29 March 2017, discounted by 10%, on Repurchase Scheme Record Date Friday, 31 March Dematerialised N Shareholders’ accounts with their CSDP or Broker credited with the Repurchase Scheme Consideration on the Repurchase Monday, 3 April Scheme Operative Date on or about Certificated N Shareholders’ Repurchase Scheme Consideration posted by registered post at the risk of Certificated N Shareholders on the Monday, 3 April Repurchase Scheme Operative Date on or about Subscription Shares issued to VCP and the New High Voting Share issued to the Venter Family Entity with effect from the commencement of Monday, 3 April business on Announcement released on SENS in respect of the delisting of the N Shares Tuesday, 3 April N Shares delisted from the JSE with effect from the commencement of business on Tuesday, 4 April Notes: 1. Shareholders will be notified of any further amendments to these Salient Dates and Times on SENS and in the South African press. 2. All dates and times indicated above are South African standard dates and times. 3. Shareholders are advised that there may be no re-materialisation or dematerialisation of the N Shares after Tuesday, 28 March 2017. Parktown, Johannesburg 17 March 2017 Joint financial advisor and sponsor to Altron Investec Bank Limited Joint financial advisor to Altron Rand Merchant Bank (A division of FirstRand Bank Limited) Legal advisor to Altron Edward Nathan Sonnenbergs Incorporated Legal advisor to VCP DLA Piper South Africa Services (Pty) Ltd Legal advisor to the Venter Family Lapin Attorneys Date: 17/03/2017 02:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.