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: NAME OF DIRECTOR: T R HENDRY STATUS: EXECUTIVE DIRECTOR COMPANY: ARGENT INDUSTRIAL LIMITED TYPE OF SECURITIES: ORDINARY SHARES DATE OF TRANSACTION: 3 JULY 2017 CENTS PER SHARE: 475 NUMBER OF SECURITIES 1 000 TRANSACTED: TOTAL RAND VALUE OF R 4 750.00 SECURITIES: NATURE OF TRANSACTION: PURCHASE (ON-MARKET TRANSACTION) NATURE AND EXTENT OF DIRECT BENEFICIAL DIRECTOR'S INTEREST IN THE TRANSACTION: CONFIRMATION THAT YES CLEARANCE HAS BEEN GIVEN IN TERMS OF PARAGRAPH 3.66: DATE OF CONFIRMATION: 30 JUNE 2017 NAME OF DIRECTOR: S J COX STATUS: EXECUTIVE DIRECTOR COMPANY: ARGENT INDUSTRIAL LIMITED TYPE OF SECURITIES: ORDINARY SHARES DATE OF TRANSACTION: 4 JULY 2017 CENTS PER SHARE: 495 NUMBER OF SECURITIES 32 500 TRANSACTED: TOTAL RAND VALUE OF R 160 875.00 SECURITIES: NATURE OF TRANSACTION: PURCHASE (ON-MARKET TRANSACTION) NATURE AND EXTENT OF DIRECT BENEFICIAL DIRECTOR'S INTEREST IN THE TRANSACTION: CONFIRMATION THAT YES CLEARANCE HAS BEEN GIVEN IN TERMS OF PARAGRAPH 3.66: DATE OF CONFIRMATION: 30 JUNE 2017 By Order of the Board ARGENT INDUSTRIAL LIMITED 4 JULY 2017 Sponsor – PSG Capital Proprietary Limited Date: 04/07/2017 02:10:00 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.