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Tue 13 Nov 2018, 7:39 ARGENT INDUSTRIAL LIMITED - Dealing in Shares by Directors
ART 201811130006A
Dealing in Shares by Directors

ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1993/002054/06)
Share code: ART
ISIN: ZAE000019188
("Argent" or "the Company")

DEALINGS IN SHARES BY DIRECTORS

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the
following information regarding the dealing in securities is disclosed:

 NAME OF DIRECTOR                                T R Hendry

 COMPANY OF WHICH A DIRECTOR                     Argent

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive director

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTION                           Purchase of shares by a director (on-
                                                 market transaction
 DATE OF TRANSACTION                             8 November 2018

 PRICE PER SECURITY                              R3.50

 NUMBER OF SECURITIES TRANSACTED                 300 000

 TOTAL RAND VALUE OF SECURITIES                  R1 050 000
 TRANSACTED

 NATURE AND EXTENT OF INTEREST IN Direct beneficial
 THE TRANSACTION


 NAME OF DIRECTOR                                A F Litschka

 COMPANY OF WHICH A DIRECTOR                     Argent

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive director

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTION                           Purchase of shares by a director (on-
                                                 market transaction
 DATE OF TRANSACTION                             9 November 2018

 PRICE PER SECURITY                              R3.50

 NUMBER OF SECURITIES TRANSACTED                 200 000
 TOTAL RAND VALUE OF SECURITIES                  R700 000
 TRANSACTED

 NATURE AND EXTENT OF INTEREST IN Direct beneficial
 THE TRANSACTION

 NAME OF DIRECTOR                               S J Cox

 COMPANY OF WHICH A DIRECTOR                    Argent

 STATUS: EXECUTIVE/NON-EXECUTIVE                Executive director

 TYPE AND CLASS OF SECURITIES                   Ordinary shares

 NATURE OF TRANSACTION                          Purchase of shares by a director (on-
                                                market transaction
 DATE OF TRANSACTION                            9 November 2018

 PRICE PER SECURITY                             R3.50

 NUMBER OF SECURITIES TRANSACTED                240 000

 TOTAL RAND VALUE OF SECURITIES                 R840 000
 TRANSACTED

 NATURE AND EXTENT OF INTEREST IN Direct beneficial
 THE TRANSACTION

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Umhlanga
13 November 2018

Sponsor
PSG Capital

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