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Thu 18 Nov 2004, 11:20 - DEALING IN SECURITIES BY DIRECTORS
ARGENT INDUSTRIAL LIMITED - DEALING IN SECURITIES 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`)                                                     
DEALING IN SECURITIES BY DIRECTORS                                              
In terms of paragraph 3.63 - 3.74 of the Listing Requirements of the JSE        
Securities Exchange South Africa, the following information, relating to the    
dealing in securities by directors, is disclosed:                               
Director                      Mark Antonic                                      
Transaction date              17 November 2004                                  
Class of securities           Ordinary shares                                   
Strike price                  940 cents                                         
Number of securities          15059                                             
Total value                   141554.60                                         
Nature of transaction         Disposal                                          
Extent of interest            Direct beneficial                                 
Clearance to deal obtained    Yes                                               
Maraisburg                                                                      
18 November 2004                                                                
Sponsor                                                                         
LPC Manhattan Sponsors (Pty) Limited                                            
Date: 18/11/2004 10:54:03 AM 
Produced by the JSE SENS Department                                             
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