Argent - Dealing in securities by directors

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        
Securities Exchange South Africa, the following information, relating to the    
dealing in securities by directors, is disclosed:                               
Director                      M Antonic                                         
Transaction date              28 February 2005                                  
Class of securities           Ordinary shares                                   
Strike price                  1125 cents                                        
Number of securities          50 000                                            
Total value                   R562 500                                          
Nature of transaction         Disposal                                          
Extent of interest            Direct beneficial                                 
Clearance to deal obtained    Yes                                               
Director                      S Cox                                             
Transaction date              1 March 2005                                      
Class of securities           Ordinary shares                                   
Strike price                  1135 cents                                        
Number of securities          25 000                                            
Total value                   R283 750                                          
Nature of transaction         Disposal                                          
Extent of interest            Direct beneficial                                 
Clearance to deal obtained    Yes                                               
Maraisburg                                                                      
1 March 2005                                                                    
Sponsor                                                                         
LPC Manhattan Sponsors (Pty) Limited                                            
Date: 02/03/2005 08:28:04 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department