ARGENT - APPOINTMENT OF NEW DIRECTORS

ARGENT - APPOINTMENT OF NEW 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")                                                     
Appointment of New Directors                                                    
LPC Manhattan Sponsors (Pty) Limited is authorised to announce the following    
changes to the board of Argent Industrial Limited with immediate effect:        
D Smith (previously Alt. New Business Development Director) - Executive Director
G K Youngman (previously Alt Executive Director)  - Executive Director          
Marc Peter Allen - New Alternate Director                                       
Maraisburg                                                                      
27 August 2004                                                                  
Date: 27/08/2004 04:23:09 PM Supplied by www.sharenet.co.za                     
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