ATN 201301170021A Resignation of Powertech Chief Operating Officer: Leon Viljoen Allied Electronics Corporation Limited (Registration number 1947/024583/06) (Incorporated in the Republic of South Africa) Share Code : ATN ISIN : ZAE000029658 Share Code : ATNP ISIN : ZAE000029666 ("Altron" or "the company") Resignation of Powertech Chief Operating Officer: Leon Viljoen In compliance with paragraph 3.59 of the JSE Limited's Listings Requirements, shareholders are advised that after several years of service to the Altron group, Mr Leon Viljoen, chief operating officer of Powertech, has resigned from the company to take up the position as cluster manager, southern Africa and country manager, South Africa of ABB. Leon's resignation will be with effect from 28 February 2013. Powertech and ABB have enjoyed a close association with each other over many years and Leon's move to ABB will no doubt strengthen this relationship, as well as provide further business opportunities for both organisations. Leon has been involved in various management capacities within the Powertech group and was largely responsible for developing and growing the transformers division into the market leader in South Africa, which it is today. The board takes this opportunity of thanking Leon for his valuable contribution made in the past towards the Altron group. Johannesburg 17 January 2013 Sponsor Investec Bank Date: 17/01/2013 03:15:00 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.
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