ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

Arrow Financial Corp's Holding History (CIK: 0000717538)

Note: Option positions (PUT/CALL) are excluded.

Q4 2015

Shares 34 Value ($000) $1 Avg Close $28.09 Range $23.29 - $31.38

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	34	$1	$28.09	$23.29 - $31.38