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Argent - 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        
Limited, the following information, relating to the dealing in securities by    
directors, is disclosed:                                                        
Director                             P H Lawson                                 
Transaction date                     20 September 2005                          
Class of securities                  Ordinary shares                            
Strike price                         1269 cents                                 
Number of securities                 500                                        
Total value                          R6 345                                     
Nature of transaction                Disposal                                   
Extent of interest                   Direct beneficial                          
Clearance to deal obtained           Yes                                        
Maraisburg                                                                      
22 September 2005                                                               
Sponsor                                                                         
LPC Manhattan Moela (Pty) Limited                                               
Date: 22/09/2005 04:16:10 PM               
Produced by the JSE SENS Department                                             

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