ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

HBK INVESTMENTS L P's Holding History (CIK: 0001011443)

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

Q1 2018

Shares 27,400 Value ($000) $1,177 Avg Close $34.03 Range $30.52 - $37.91

Q4 2017

Shares 7,625 Value ($000) $343 Avg Close $47.97 Range $33.78 - $56.55

Q3 2017

Shares 28,820 Value ($000) $1,938 Avg Close $49.99 Range $46.39 - $53.79

Q2 2017

Shares 70,594 Value ($000) $4,236 Avg Close $51.44 Range $45.31 - $57.90

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	27,400	$1,177	$34.03	$30.52 - $37.91
Q4 2017	7,625	$343	$47.97	$33.78 - $56.55
Q3 2017	28,820	$1,938	$49.99	$46.39 - $53.79
Q2 2017	70,594	$4,236	$51.44	$45.31 - $57.90