ARGAN INC — Director's Dealing 2003

Oct 30, 2003

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ARGAN INC (PFLW)
CIK: 0000100591
Period of Report: 2003-10-23

Reporting Person: MITCHELL W G CHAMPION (Director)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock option	$7.75	2013-10-23	Common stock (5000)		Direct