ART - Argent Industrial Limited - Dealing in securities by Directors

ART - 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            11 December 2006                                   
 Class of securities         Ordinary shares                                    
 Disposal Price              1585 cents                                         
 Number of securities        15 000                                             
Total value                 R237 750 - 00                                      
 Nature of transaction       Disposal                                           
 Extent of interest          Direct beneficial                                  
 Clearance to deal obtained  Yes                                                


 Director                    G Youngman                                         
 Transaction date            8 December 2006                                    
 Class of securities         Ordinary shares                                    
Disposal Price              1585 cents                                         
 Number of securities        117                                                
 Total value                 R1 854 - 45                                        
 Nature of transaction       Disposal                                           
Extent of interest          Direct beneficial                                  
 Clearance to deal obtained  Yes                                                
                                                                                
 Director                    G Youngman                                         
Transaction date            11 December 2006                                   
 Class of securities         Ordinary shares                                    
 Disposal Price              1585 cents                                         
 Number of securities        19 883                                             
Total value                 R315 145 - 55                                      
 Nature of transaction       Disposal                                           
 Extent of interest          Direct beneficial                                  
 Clearance to deal obtained  Yes                                                


 Director                    D Smith                                            
 Transaction date            8 December                                         
 Class of securities         Ordinary shares                                    
Disposal Price              1563 cents                                         
 Number of securities        40 000                                             
 Total value                 R625 064 - 00                                      
 Nature of transaction       Disposal                                           
Extent of interest          Direct beneficial                                  
 Clearance to deal obtained  Yes                                                
                                                                                
Maraisburg                                                                      
12 December 2006                                                                
Sponsor                                                                         
Vunani Corporate Finance (Pty) Limited                                          
Date: 12/12/2006 14:13:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.