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ART - Argent Industrial Limited - Trading update Argent Industrial Limited (Incorporated in the Republic of South Africa) Registration number 1993/002054/06 ISIN: ZAE000019188 JSE Share code: ART ("Argent" or "the company") TRADING UPDATE In terms of the Listing Requirements of the JSE Limited, a listed company is required to publish a trading statement when it has reasonable certainty that the financial results for the financial period to be reported in next will vary by 20% or more from those of the previous comparable period. Argent hereby advises that the group`s business has continued to improve since year end and it is accordingly expected that the group`s basic and diluted headline earnings per share for the six months ending 30 September 2010 are anticipated to increase by at least 20% to that of the comparative period. The directors at this stage are unable to quantify, with any degree of certainty, the expected basic and headline earnings per share for the six months ending 30 September 2010 and will release a further announcement containing such detail at a later stage. The financial information on which this trading statement is based has not been reviewed or reported on by the group`s external auditors. Umhlanga 23 August 2010 Sponsor: Investec Bank Limited Date: 23/08/2010 13:10:52 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
