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 Scharrighuisen                              
Transaction date                  16 August 2006                                
Selling price                     1390                                          
Number of securities              60 000                                        
Total value                       R834 000 - 00                                 
Nature of transaction             Disposal                                      
Extent of interest                Direct beneficial                             
Clearance to deal obtained        Yes                                           
Maraisburg                                                                      
17 August 2006                                                                  
Sponsor                                                                         
Vunani Corporate Finance (Pty) Limited                                          
Date: 17/08/2006 01:28:34 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department