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 DIRECTORS In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: NAME OF DIRECTOR: T R HENDRY STATUS: EXECUTIVE DIRECTOR COMPANY: ARGENT INDUSTRIAL LIMITED TYPE OF SECURITIES: ORDINARY SHARES DATE OF TRANSACTION: (1) 8 DECEMBER 2014 (2) 8 DECEMBER 2014 (3) 9 DECEMBER 2014 CENTS PER SHARE: (1) 594 (2) 597 (3) 598 NUMBER OF SECURITIES (1) 3 347 TRANSACTED: (2) 3 520 (3) 79 001 TOTAL RAND VALUE OF (1) R 19 881.18 SECURITIES: (2) R 21 014.40 (3) R 472 425.98 NATURE OF TRANSACTION: SALE (ON-MARKET TRANSACTION) NATURE AND EXTENT OF DIRECTOR'S INTEREST IN THE TRANSACTION: INDIRECT BENEFICIAL NAME OF THE ASSOCIATE: CHOP TRUST RELATIONSHIP WITH DIRECTOR: TRUSTEE CONFIRMATION THAT CLEARANCE HAS BEEN GIVEN IN TERMS OF PARAGRAPH 3.66: YES DATE OF CONFIRMATION: 8 DECEMBER 2014 NAME OF DIRECTOR: T R HENDRY STATUS: EXECUTIVE DIRECTOR COMPANY: ARGENT INDUSTRIAL LIMITED TYPE OF SECURITIES: ORDINARY SHARES DATE OF TRANSACTION: 10 DECEMBER 2014 CENTS PER SHARE: 555 NUMBER OF SECURITIES TRANSACTED: 25 000 TOTAL RAND VALUE OF SECURITIES: R 138 750.00 NATURE OF TRANSACTION: PURCHASE (OFF-MARKET TRANSACTION) NATURE AND EXTENT OF DIRECTOR'S INTEREST IN THE TRANSACTION: DIRECT BENEFICIAL CONFIRMATION THAT CLEARANCE HAS BEEN GIVEN IN TERMS OF PARAGRAPH 3.66: YES DATE OF CONFIRMATION: 8 DECEMBER 2014 By Order of the Board ARGENT INDUSTRIAL LIMITED 10 DECEMBER 2014 Sponsor – PSG Capital Proprietary Limited Date: 10/12/2014 05:00:00 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.