JSE: ART

ART - Argent Industrial Limited - Retraction of Announcement                    
ARGENT INDUSTRIAL LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1993/002054/06)                                            
(Share code: ART & ISIN: ZAE000019188)                                          
("Argent" or "the Company")                                                     
RETRACTION OF ANNOUNCEMENT                                                      
Shareholders and interested parties are kindly requested to ignore the previous 
directors dealings announcement released this afternoon, as it was a duplication
released in error - the announcement was in fact made in January 2008`when SJ   
Cox traded. The second announcement regarding a disposal by AF Litschka is in   
fact the correct one.                                                           
Maraisburg                                                                      
31 March 2008                                                                   
Sponsor                                                                         
Arcay Moela Sponsors (Pty) Limited                                              
Date: 31/03/2008 17:31:44 Supplied by www.sharenet.co.za                     
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