ARGAN INC — Director's Dealing 2008

Apr 7, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARGAN INC (AGX)
CIK: 0000100591
Period of Report: 2008-04-03

Reporting Person: Canino Joel M (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-04-03	Common Stock	S	800	$13.75	Disposed	1201638	Direct
2008-04-03	Common Stock	S	300	$13.80	Disposed	1201338	Direct
2008-04-04	Common Stock	S	100	$13.83	Disposed	1201238	Direct
2008-04-04	Common Stock	S	2764	$13.75	Disposed	1198474	Direct
2008-04-04	Common Stock	S	36	$14.00	Disposed	1198438	Direct

Footnotes

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