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Mon 27 Mar 2006, 16:45 Argent - Dealing in securities & exercise of share
ART
 ART                                                                             
Argent - Dealing in securities & exercise of share options 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                      N Glover (Company secretary)                      
Transaction date              27 March 2006                                     
Class of securities           Ordinary shares                                   
Strike price                  1419 cents                                        
Number of securities          2 000                                             
Total value                   R28 380 - 00                                      
Nature of transaction         Disposal                                          
Extent of interest            Direct beneficial                                 
Clearance to deal obtained    Yes                                               
Director                      N Glover (Company secretary)                      
Transaction date              27 March 2006                                     
Class of securities           Ordinary shares                                   
Strike price                  1420 cents                                        
Number of securities          28 000                                            
Total value                   R397 600 - 00                                     
Nature of transaction         Disposal                                          
Extent of interest            Direct beneficial                                 
Clearance to deal obtained    Yes                                               
                     EXERCISE OF SHARE OPTIONS BY DIRECTORS                     
LPC Manhattan Moela (Pty) Limited is authorised to announce that as at 27 March 
2006, the following exercised share options in the Company:                     
Allot at    Allot at   Value                   
                                 R1.91       R3.44      allotted                
                                                        (R)                     
N Glover (Company Secretary)     1 225       45 000     157 139 - 75            
All options were exercised on ordinary shares, and clearance was obtained prior 
to the exercising of the options.  The shares are directly and beneficially     
held.                                                                           
Maraisburg                                                                      
27 March 2006                                                                   
Sponsor                                                                         
LPC Manhattan Moela (Pty) Limited                                               
Date: 27/03/2006 04:45:07 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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