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                    Hendry Family Trust (TR Hendry)                     
Transaction date            20 December 2007                                    
Class of securities         Ordinary shares                                     
Disposal Price              1820 cents                                          
Number of securities        3 095                                               
Total value                 R56 329 - 00                                        
Nature of transaction       Purchase                                            
Extent of interest          Indirect beneficial                                 
Clearance to deal obtained  Yes                                                 


This announcement serves as a correction of the incorrect announcement released 
on SENS at 16:31 today, wherein it was stated that the Hendry Trust had disposed
of shares.  The transaction was in actual fact a purchase.  Any misconception   
caused as a result of the incorrect announcement is regretted.                  
Maraisburg                                                                      
21 December 2007                                                                
Sponsor                                                                         
Arcay Moela Sponsors (Pty) Limited                                              
Date: 21/12/2007 16:56:02 Supplied by www.sharenet.co.za                     
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