Results of the Annual General Meeting of Argent ARGENT INDUSTRIAL LIMITED (Registration number 1993/002054/06) (Incorporated in the Republic of South Africa) Share Code: ART ISIN: ZAE000019188 (“Argent” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING OF ARGENT Shareholders are hereby advised that at the annual general meeting of the Company held at 10h00 today, 20 August 2015, in the Company’s boardroom at First Floor, Ridge 63, 8 Sinembe Crescent, La Lucia Ridge Office Estate, Umhlanga (“Annual General Meeting”), all of the proposed ordinary and special resolutions, save for ordinary resolution number 8, were passed by the requisite majority of votes cast by Argent shareholders present or represented by proxy. The detailed voting results of the Annual General Meeting are set out below. Shareholders are further advised, in terms of paragraphs 3.59 of the Listings Requirements of the JSE Limited, that Mr Clayton Angus, being a non-executive director of the Company, was not nominated to be re-elected at the Annual General Meeting and has resigned as a director of the Company with effect from 20 August 2015. Annual General Meeting Results: Votes for Votes against Number of Number of Shares resolution (%)* resolution (%)* shares voted at shares voted at abstained as a the Annual the Annual percentage of General Meeting General Meeting shares in issue as a percentage of shares in (%) issue (%) Ordinary 68.38 31.62 75 635 609 78.39 0.00 resolution number 1: To re-elect Mr PA Day as an independent non-executive director Ordinary 100.00 0.00 75 635 609 78.39 0.00 resolution number 2: To re-elect Mr K Mapasa as an independent non-executive director Ordinary 99.55 0.45 75 635 609 78.39 0.00 resolution number 3: To re-elect Mrs JA Etchells as an independent non-executive director Ordinary 100.00 0.00 75 635 609 78.39 0.00 resolution number 4: To appoint Mr K Mapasa as a member of the audit and risk committee Ordinary 99.55 0.45 75 635 609 78.39 0.00 resolution number 5: To appoint Mrs JA Etchells as a member of the audit and risk committee Ordinary 63.91 36.09 75 635 609 78.39 11.39 resolution number 6: To appoint Mr PA Day as a member of the audit and risk committee Ordinary 100.00 0.00 75 635 609 78.39 0.00 resolution number 7: To re-appoint the auditor, Grant Thornton Ordinary 38.30 61.70 75 635 609 78.39 0.00 resolution number 8: Unissued shares placed under control of the directors Ordinary 100.00 0.00 75 635 609 78.39 0.00 resolution number 9: Directors’ authority to give effect to resolutions Special 97.58 2.42 75 635 609 78.39 0.00 resolution number 1: Remuneration of directors Special 100.00 0.00 75 635 609 78.39 0.00 resolution number 2: Inter-company loans Special 100.00 0.00 75 635 609 78.39 0.00 resolution number 3: Financial assistance for the subscription and/or purchase of shares in the company or a related or inter-related company Special 91.73 8.27 75 635 609 78.39 0.00 resolution number 4: Share repurchases by the company and its subsidiaries Notes: * In relation to the total number of shares voted at the Annual General Meeting. 20 August 2015 Umhlanga Rocks Sponsor PSG Capital Proprietary Limited Date: 20/08/2015 02:30:00 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.