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Argus issues one-for-ten stock dividend

Strong performance of The Argus Group has led the company to issue a one-for-ten stock dividend (one share for every ten shares) to shareholders of record on October 5, 2006.

The board of directors of the Argus Group has also increased the quarterly dividend from 12 to 14 cents per share payable to shareholders on October 13, 2006 on all shares including those shares resulting from the stock dividend.

The quarterly dividend has increased by 28.33 percent and at the recent Argus share price of $14.50, represents a return for shareholders of 3.86 percent.

?We are very pleased to see that the continued growth and strong performance of the Argus Group have enabled us to provide our shareholders with a one-for-ten stock dividend and an increased quarterly dividend.?

?The Argus Group is committed to providing a secure and stable investment for our shareholders.?