Argent Industrial Limited - Exercise Of Share Options By Directors

Argent Industrial Limited - Exercise Of Share Options By Directors              
ARGENT INDUSTRIAL LIMITED                                                       
(Registration number 1993/002054/06)                                            
Share Code: ART & ISIN: ZAE000019188                                            
("Argent" or "the company")                                                     
EXERCISE OF SHARE OPTIONS BY DIRECTORS                                          
In terms of paragraph 3.63 - 3.74 of the Listings Requirements of the JSE       
Limited, the following information relating to the dealing in securities by     
directors is disclosed:                                                         
  Director                          T R Hendry                                  
  Transaction date                  15 August 2006                              
Selling price                     1400 cents                                  
  Number of securities              60 000                                      
  Total value                       R840 000 - 00                               
  Nature of transaction             Disposal                                    
Extent of interest                Direct beneficial                           
  Clearance to deal obtained        Yes                                         
Maraisburg                                                                      
16 August 2006                                                                  
Sponsor                                                                         
Vunani Corporate Finance (Pty) Limited                                          
Date: 16/08/2006 11:22:17 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department