ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

THIRD AVENUE MANAGEMENT LLC's Holding History (CIK: 0001099281)

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

Q3 2020

Shares 75,009 Value ($000) $3,144 Avg Close $38.31 Range $36.08 - $41.98

Q2 2020

Shares 105,230 Value ($000) $4,986 Avg Close $32.59 Range $27.67 - $41.20

Q1 2020

Shares 119,452 Value ($000) $4,130 Avg Close $35.14 Range $25.37 - $40.49

Q4 2019

Shares 166,754 Value ($000) $6,694 Avg Close $32.38 Range $27.35 - $35.04

Q3 2019

Shares 133,142 Value ($000) $5,232 Avg Close $33.80 Range $31.35 - $36.69

Q2 2019

Shares 133,142 Value ($000) $5,401 Avg Close $38.99 Range $31.90 - $43.05

Q1 2019

Shares 89,000 Value ($000) $4,285 Avg Close $37.27 Range $30.71 - $41.54

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2020	75,009	$3,144	$38.31	$36.08 - $41.98
Q2 2020	105,230	$4,986	$32.59	$27.67 - $41.20
Q1 2020	119,452	$4,130	$35.14	$25.37 - $40.49
Q4 2019	166,754	$6,694	$32.38	$27.35 - $35.04
Q3 2019	133,142	$5,232	$33.80	$31.35 - $36.69
Q2 2019	133,142	$5,401	$38.99	$31.90 - $43.05
Q1 2019	89,000	$4,285	$37.27	$30.71 - $41.54