Argent Industrial Limited (Registration number 1993/002054/06) (Incorporated in the Republic of South Africa) Share Code: ART

ISIN: ZAE000019188

("Argent" or "the company" or "group")

TRADING STATEMENT

In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they are satisfied that there is a reasonable degree of certainty that the financial results for the next reporting period will differ by more than 20% from those of the previous corresponding period.

Headline earnings per share for the year ended 31 March 2022 are expected to be between 298 and 341 cents per share, representing an increase of between 36.7% and 56.7% compared to the headline earnings per share of 217.9 cents reported for the previous corresponding period.

Earnings per share for the year ended 31 March 2022 are expected to be between 292 and 335 cents per share, representing an increase of between 34.3% and 54.3% compared to the earnings per share of 217.3 cents reported for the previous corresponding period.

The above information has not been reviewed or reported on by the company's external auditors. It is anticipated that the audited results for the year ended 31 March 2022 are to be published on SENS on or about 30 June 2022.

Umhlanga

24 March 2022

Sponsor

PSG Capital

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Argent Industrial Limited published this content on 24 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 March 2022 07:37:00 UTC.