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ART - Argent Industrial Limited - Further Trading Update Argent Industrial Limited (Incorporated in the Republic of South Africa) Registration number: 1993/002054/06 ISIN: ZAE000019188 JSE Share code: ART ("the Group") FURTHER TRADING UPDATE Shareholders are referred to the trading update dated 23 August 2010, and are hereby advised that the Group`s headline earnings per share for the half year ended 30 September 2010 is expected to be between 923% and 1 150% higher compared to the previous corresponding period. This equates to a headline earnings per share of between 33.75 and 41.25 cents per share, compared to headline earnings of 3.3 cents per share for the previous corresponding period. Earnings per share for the half year ended 30 September 2010 are estimated to be between 1 829% and 2 259% higher compared to the previous corresponding period. This equates to an earnings per share of between 32.8 and 40.1 cents per share, compared to earnings of 1.7 cents per share for the previous corresponding period. The financial information on which this trading update is based has not been reviewed or reported on by the Group`s external auditors. Umhlanga 5 November 2010 Sponsor: PSG Capital (Proprietary) Limited Date: 05/11/2010 15:37:01 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.
