ARGAN INC — Director's Dealing 2008

Mar 31, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARGAN INC (AGX)
CIK: 0000100591
Period of Report: 2008-03-27

Reporting Person: Canino Joel M (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-27	Common Stock	S	1950	$12.25	Disposed	1233333	Direct
2008-03-27	Common Stock	S	400	$13.00	Disposed	1232933	Direct
2008-03-28	Common Stock	S	100	$13.01	Disposed	1232833	Direct
2008-03-28	Common Stock	S	30	$13.04	Disposed	1232803	Direct
2008-03-28	Common Stock	S	100	$13.08	Disposed	1232703	Direct
2008-03-28	Common Stock	S	300	$13.03	Disposed	1232403	Direct
2008-03-28	Common Stock	S	24070	$13.00	Disposed	1208333	Direct

Footnotes

F1: Sale of shares under the 10b5-1 Plan of Joel M. Canino.