You may want to take care not to reference the ground of the microphone to the shell of the mike and also to the "pin 1" or shield ground of the power supply. In order for this type of output to work correctly, the entire electronics, including the secondary side of the power supply has to have a floating ground reference. This is relatively easy to do with a switching power supply, which is what is used in the original unit. If the microphone output on either pin 2 or 3 is referenced to your shield ground, you will have unmanagable hum problems. The shell of the mike, the shield of the cable and the box of the power supply should be referenced to earth ground, of course.