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                          A F Litschka                                  
Transaction date                  11 August 2006                                
Selling price                     1400 cents                                    
Number of securities              20 000                                        
Class of securities               Ordinary                                      
Total value                       R280 000 - 00                                 
Nature of transaction             Disposal                                      
Extent of interest                Direct beneficial                             
Clearance to deal obtained        Yes                                           
Maraisburg                                                                      
18 August 2006                                                                  
Sponsor                                                                         
Vunani Corporate Finance (Pty) Limited                                          
Date: 18/08/2006 09:32:24 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department