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ART
 ART                                                                             
Argent -  Further Cautionary Announcement                                       
ARGENT INDUSTRIAL LIMITED                                                       
(Registration number 1993/002054/06)                                            
Share code: ART                                                                 
ISIN: ZAE000019188                                                              
("Argent")                                                                      
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Shareholders are referred to the cautionary announcement dated 23 November 2005 
and are advised that negotiations are still in progress which if successfully   
concluded, may have a material impact on the price of Argent Shares.            
Shareholders are accordingly advised to exercise caution when dealing in their  
shares until a further announcement is made.                                    
Roodepoort                                                                      
05 January 2006                                                                 
Sponsor                                                                         
LPC MANHATTAN MOELA (Pty) Limited                                               
Date: 04/01/2006 12:39:06 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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