ART - Argent Industrial Limited - Dealing in securities by director

ART - Argent Industrial Limited - Dealing in securities by director             
Argent Industrial Limited                                                       
(Registration number 1993/002054/06)                                            
(Incorporated in the Republic of South Africa)                                  
Share Code: ART                                                                 
ISIN: ZAE000019188                                                              
DEALING IN SECURITIES BY DIRECTOR                                               
In compliance with rules 3.63 to 3.74 of the JSE Limited Listings               
Requirements, the following information is disclosed:                           
DIRECTOR                            D Smith                                     
COMPANY                             Argent Industrial Limited                   
STATUS: EXECUTIVE / NON-EXECUTIVE   Executive                                   
TYPE OF SECURITIES                  Shares                                      
CLASS OF SECURITIES                 Ordinary                                    
DATE OF TRANSACTION                 11 January 2012                             
NUMBER OF SECURITIES TRANSACTED     50 000                                      
CENTS PER SHARE                     620                                         
TOTAL RAND VALUE OF SECURITIES      R310 000.00                                 
NATURE OF TRANSACTION               Sale (On-market transaction)                
NATURE AND EXTENT OF INTEREST IN    Direct beneficial                           
THE TRANSACTION                                                                 
TRANSACTION CLEARANCE OBTAINED      Yes                                         
Umhlanga                                                                        
13 January 2012                                                                 
Sponsor: PSG Capital Proprietary Limited                                        
Date: 13/01/2012 15:04:02 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.