Altron Group 2002 Interim results presentation 15 October 2002

1. Altron Group2002 Interim results presentation15 October 2002 Building on solid foundations

2. Agenda

3. Dr Bill Venter Chairman

4. Robert Venter Chief Executive

5. Group at a glance * 53.5% 54.7% 100% * * Succeeding in an ever-converging world IT servicesfor theenterprise people innovationtechnology Financing IT * = 3 listed vehicles

6. The role of Altron • Proactively manage our investments in Altech, BTG, Fintech and Powertech • Allocate capital where appropriate • Provide commercial and operational input through executive committees • Maximise synergies within group through centralised services • Legal, Tax, Audit, Treasury, Insurance, Purchasing, IT, Corporate Affairs, BEE • Leverage critical mass of group to maximise benefits Maximising value for our investors

7. Delivering on strategy 2002activity Simplify structure Powertechdelisting Reduce complexity and entry points Sale of AAT,Voltex,Fintech Manco Divest non-core assets Focus on high growth opportunities Acquisition of TSS, Plato Global expansion Succession planning Excom managingday-to-dayoperations Increase shareholder value

8. Electronic & electrical - performance

9. Altech acquisition of PTSS • Altech purchases TransSwitch Services from Prism Holdings for R47m • Deal effective 1 December 2002 • Value enhancing annuity business • Strengthen customer base of Altech Card Solutions • Enable Altech to offer full end-to-end card payment solutions

10. BTG acquisition of Plato • BTG acquires Plato Computer Services (UK) Ltd for GBP 22.5m as initial consideration • Additional cash consideration of GBP 5.5m based on EBIT has been agreed • Software, services and consulting business • Plato plus Bytes (UK) will generate ± 40% of BTG’s total revenue for Feb ’04 • Blue chip customer base • In line with global BTG strategy and complements current UK business

11. The building blocks of our strategy Increase shareholder value Global expansion Black economic empowerment Focus on high-growth opportunities Focus on core activities Value added services Ownership of IPR Annuity income Market leadership/critical mass

12. Financial highlights

13. Group interim results at a glance * Op income R171m HEPS up 20.1% Cash R926m 53.5% * Op income R79m HEPS up 65% Cash R320m 54.7% * Op income R36m HEPS up 12.4% 100% Op income R407m HEPS up 15% Cash R1.2 billion Op income R121m HEPS up 10.2% Cash R79m 100% * JSE listed

14. 5 year group overview 1st half 2nd half Revenue Operating income 5 yearCAGR16% CAGR15% R m R m 8/ 8/ Actual HEPS ROCE 5 yearCAGR15% % Cents 8/ 8/

15. Fintech • Disposal of management business • Refocus in terms of core business • Exploring alternative capital raising options

16. Powertech • Significant performance from power electronics • Impact of telecommunications industry downturn • Efforts made to find new markets

17. PowertechSegmental results (6 monthly) Telecommunications Power electronics Revenue Aug 01 Feb 02 Aug 02 27% R1 119m 24%R532m 32% R607m 76% R1 680m 68%R1 236m 73% R2 617m Operating income 7% R8m 52% R118m 62% R63m 38% R29m 48%R98m 93% R113m

18. PowertechSegmental results by products (6 monthly) Revenue 9% R216m 9% R161m 15% R334m 15% R287m 64% R1242m 61% R1355m 14% R307m 12% R230m Cables Transformers Battery Group Electrical accessories Aug 01 Aug 02

19. Hard currency revenues 31%of revenue R ‘000 8/

20. Strategic partners

21. Key customers

22. Interim results Diane C Radley Chief Financial Officer

23. Group income statement

24. Results by sub-holding company Contribution to revenue Contribution to headline earnings • Prior year comparative reflects Altron’s 59.2% share. • Prior year comparative reflects Altron’s 64.3% share.

25. Group balance sheet

26. Group cash flow

27. Segmental review

28. Telecoms Portfolio of assets – product and services

29. Electronics & multi-media Portfolio of assets – products and services DESTA POWERMATLA Whiteleys

30. BTG UK Bytes Software BytesCommunicationSystems Bytes Technology Networks Information technology Portfolio of assets – products and services

31. Contribution per segment Revenue 2002 2001

32. Contribution per segment Operating income 2002 2001

33. Industry prospects • Telecoms • Telecoms industry remains depressed and key players burdened by excessive debt • Telkom IPO - end 1st quarter 2003. Will absorb substantial investor telecom funds due to high prospective weighting in FTSE / JSE Top 40 and All Share indices • No recovery expected in short term

34. Industry prospects (cont) • Multimedia & electronics • World-wide industry is challenged but still niche market growth opportunities • China and USA untapped • Local interest rates are a concern • Information technology • Restructuring expected to become an overriding sector theme as companies respond to changed market conditions • BEE continues to be an essential factor

35. Strategic and equity BEE partners

36. The road ahead • Focus on core activities • Integrate TSS and Plato • Maintain current listings • Build the critical mass of BTG and play role in IT industry consolidation • Next phase of growth at Altech is acquisition driven • Fintech – refocus regarding core/non-core activities and review funding alternatives • Ongoing corporate governance review (King II) and focus on BEE initiatives

37. Thank youQuestions and answers