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                      M Allen                                           
Transaction date              16 March 2006                                     
Class of securities           Ordinary shares                                   
Strike price                  1345 cents                                        
Number of securities          45 000                                            
Total value                   R605 250 - 00                                     
Nature of transaction         Disposal                                          
Extent of interest            Direct beneficial                                 
Clearance to deal obtained    Yes                                               
Maraisburg                                                                      
17 March 2006                                                                   
Sponsor                                                                         
LPC Manhattan Moela (Pty) Limited                                               
Date: 17/03/2006 09:47:02 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department