ARGAN INC — Director's Dealing 2005

Jul 7, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARGAN INC (AGAX)
CIK: 0000100591
Period of Report: 2005-07-05

Reporting Person: Thomas Kevin (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-07-05	Common Stock	J	348146	$7.75	Acquired	1173146	Direct

Footnotes

F1: The shares received on July 5, 2005 represented a portion of the Additional Consideration due and payable under the terms of the Merger Agreement dated August 31, 2004 among Mr. Thomas, Vitarich Laboratories, Inc. and AGAX/VLI Acquisition Corporation, a wholly owned subsidiary of the Company