ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

SYSTEMATIC FINANCIAL MANAGEMENT LP's Holding History (CIK: 0001085936)

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

Q1 2015

Shares 76,085 Value ($000) $2,751 Avg Close $25.00 Range $22.73 - $27.88

Q4 2014

Shares 71,310 Value ($000) $2,398 Avg Close $25.05 Range $21.95 - $26.92

Q2 2014

Shares 188,229 Value ($000) $7,019 Avg Close $22.52 Range $19.58 - $28.47

Q1 2014

Shares 270,035 Value ($000) $8,028 Avg Close $21.60 Range $19.91 - $23.12

Q4 2013

Shares 284,700 Value ($000) $7,846 Avg Close $17.50 Range $15.22 - $20.83

Q3 2013

Shares 291,140 Value ($000) $6,396 Avg Close $12.69 Range $10.82 - $16.01

Q2 2013

Shares 6,200 Value ($000) $96 Avg Close $11.86 Range $10.07 - $13.44

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	76,085	$2,751	$25.00	$22.73 - $27.88
Q4 2014	71,310	$2,398	$25.05	$21.95 - $26.92
Q2 2014	188,229	$7,019	$22.52	$19.58 - $28.47
Q1 2014	270,035	$8,028	$21.60	$19.91 - $23.12
Q4 2013	284,700	$7,846	$17.50	$15.22 - $20.83
Q3 2013	291,140	$6,396	$12.69	$10.82 - $16.01
Q2 2013	6,200	$96	$11.86	$10.07 - $13.44