ART - Argent Industrial Limited - Exercise of share options by Directors

ART - Argent Industrial Limited - Exercise of share options 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")                                                     
EXERCISE OF SHARE OPTIONS BY DIRECTORS                                          
Sansara Independent Sponsor Services (Pty) Limited is authorised to announce    
that as at 7 August 2007, the following directors exercised share options in the
Company:                                                                        
                              Allot at R17.90         Rand value                
M Allen                                18 000        R322 200.00                
M Antonic                              15 000        R268 500.00                
S Cox                                  20 744        R371 317.60                
Chop Trust (T Hendry)                  20 745        R371 335.50                
AF Litschka                            18 000        R322 200.00                
P Lawson                                3 000         R53 700.00                
D Smith                                15 000        R268 500.00                
G Youngman                             12 000        R214 80.00                 
All options were exercised on ordinary shares, and clearance was obtained prior 
to the exercising of the options.  The shares are directly and beneficially     
held.                                                                           
Maraisburg                                                                      
8 August 2007                                                                   
Sponsor                                                                         
Arcay Moela Sponsors (Pty) Limited                                              
Date: 08/08/2007 10:06:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.