ARGENT INDUSTRIAL LIMITED - CAUTIONARY ANNOUNCEMENT AND APPOINTMENT OF NON-
EXECUTIVE DIRECTOR
ARGENT INDUSTRIAL LIMITED
(Registration number 1993/002054/06)
Share code: ART ISIN: ZAE000019188)
("Argent" or "the Group")
CAUTIONARY ANNOUNCEMENT AND APPOINTMENT OF NON-EXECUTIVE DIRECTOR
LPC Manhattan Sponsors (Pty) Limited are authorised to announce that
negotiations are currently in progress with a Black Economic Empowerment Company
for and on behalf of two of the Group subsidiary companies, which, if
successfully concluded, may have a material effect on the share price of Argent.
Accordingly, shareholders are advised to exercise caution when dealing in their
shares until a further announcement is made.
Additionally, in compliance with the JSE Securities Exchange Listings
Requirements, LPC Manhattan are authorised to announce the appointment of Mr
Fred Litschka to the Board of Argent Industrial Limited. Mr. Litschka brings to
the Company 12 years of experience in general management and engineering.
Roodepoort
2 December 2003
Sponsor
LPC MANHATTAN
Date: 02/12/2003 02:24:40 PM Supplied by www.sharenet.co.za
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