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                      D Smith                                           
Transaction date              13 March 2006                                     
Class of securities           Ordinary shares                                   
Strike price                  1300 cents                                        
Number of securities          50 000                                            
Total value                   R650 000                                          
Nature of transaction         Disposal                                          
Extent of interest            Direct beneficial                                 
Clearance to deal obtained    Yes                                               
Maraisburg                                                                      
13 March 2006                                                                   
Sponsor                                                                         
LPC Manhattan Moela (Pty) Limited                                               
Date: 13/03/2006 01:26:39 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department