Dealing in Securities by Directors and Associates of Directors 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 AND ASSOCIATES OF 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: 10 SEPTEMBER 2018 CENTS PER SHARE: (1)335 (2)330 NUMBER OF SECURITIES (1)1 400 TRANSACTED: (2)11 800 TOTAL RAND VALUE OF (1)R4 690.00 SECURITIES: (2)R38 940.00 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: 28 JUNE 2018 NAME OF DIRECTOR: T R HENDRY STATUS: EXECUTIVE DIRECTOR COMPANY: Argent Industrial Limited TYPE OF SECURITIES: ORDINARY SHARES DATE OF TRANSACTION: 10 SEPTEMBER 2018 CENTS PER SHARE: 335 NUMBER OF SECURITIES 4 000 TRANSACTED: TOTAL RAND VALUE OF R13 400.00 SECURITIES: NATURE OF TRANSACTION: PURCHASE (ON-MARKET TRANSACTION) NAME OF ASSOCIATE: CHOP TRUST RELATIONSHIP WITH TRUSTEE DIRECTOR: NATURE AND EXTENT OF DIRECTOR'S INTEREST IN INDIRECT BENEFICIAL THE TRANSACTION: CONFIRMATION THAT CLEARANCE HAS BEEN YES GIVEN IN TERMS OF PARAGRAPH 3.66: DATE OF CONFIRMATION: 28 JUNE 2018 NAME OF DIRECTOR: A F LITCHKA STATUS: EXECUTIVE DIRECTOR COMPANY: ARGENT INDUSTRIAL LIMITED TYPE OF SECURITIES: ORDINARY SHARES DATE OF TRANSACTION: 12 SEPTEMBER 2018 CENTS PER SHARE: 350 NUMBER OF SECURITIES 5 100 TRANSACTED: TOTAL RAND VALUE OF R17 850.00 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: 28 JUNE 2018 NAME OF DIRECTOR: S J COX STATUS: EXECUTIVE DIRECTOR COMPANY: ARGENT INDUSTRIAL LIMITED TYPE OF SECURITIES: ORDINARY SHARES DATE OF TRANSACTION: 10 SEPTEMBER 2018 CENTS PER SHARE: (1)338 (2)340 NUMBER OF SECURITIES (1)30 TRANSACTED: (2)60 TOTAL RAND VALUE OF (1)R101.40 SECURITIES: (2)R204.00 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: 28 JUNE 2018 By Order of the Board ARGENT INDUSTRIAL LIMITED 14 SEPTEMBER 2018 Sponsor – PSG Capital Date: 14/09/2018 10:51:00 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.