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ART
 ART                                                                             
ART - Argent - Cautionary Announcement                                          
Argent Industrial Limited                                                       
(Registration number 1993/002054/06)                                            
Share code: ART     ISIN: ZAE000019188                                          
(Argent)                                                                        
CAUTIONARY ANNOUNCEMENT                                                         
Vunani Corporate Finance (Pty) Limited is authorised to announce that           
negotiations are currently in progress, 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.                                    
Roodepoort                                                                      
8 March 2007                                                                    
Sponsor                                                                         
Vunani Corporate Finance (Pty) Limited                                          
Date: 08/03/2007 17:18:52 Produced by the JSE SENS Department.

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