Argent Industrial Limited - Dealing in securities by directors

Argent Industrial Limited - 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        
Limited, the following information, relating to the dealing in securities by    
directors, is disclosed:                                                        
Director                           SJ Cox                                       
Transaction date                   14 November 2005                             
Class of securities                Ordinary shares                              
Strike price                       1195 cents                                   
Number of securities               3 300                                        
Total value                        R39 435                                      
Nature of transaction              Disposal                                     
Extent of interest                 Direct beneficial                            
Clearance to deal obtained         Yes                                          
Director                           SJ Cox                                       
Transaction date                   14 November 2005                             
Class of securities                Ordinary shares                              
Strike price                       1190 cents                                   
Number of securities               26 700                                       
Total value                        R317 730                                     
Nature of transaction              Disposal                                     
Extent of interest                 Direct beneficial                            
Clearance to deal obtained         Yes                                          
Maraisburg                                                                      
22 September 2005                                                               
Sponsor                                                                         
LPC Manhattan Moela (Pty) Limited                                               
Date: 14/11/2005 12:06:16 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department