2011

ROCKVILLE, Md.–(BUSINESS WIRE)– Argan, Inc. (NYSE AMEX: AGX) announced that its wholly owned subsidiary Gemma Power Systems, through its wholly-owned subsidiary Gemma Renewable Power LLC, has signed an approximately $16.6 million EPC contract with Southern Sky Renewable Energy Canton LLC to design and build a 5.7MW (DC) solar energy facility consisting of approximately 19,800 photovoltaic panels located on a closed capped landfill in Canton, Massachusetts.

ROCKVILLE, MD – Argan, Inc. (NYSE AMEX: AGX) Argan, Inc.’s Wholly Owned Subsidiary Gemma Power Systems Signs EPC Contract for $165 Million Biomass-Fired Power Project.

ROCKVILLE, MD – Argan, Inc. (NYSE AMEX: AGX) today announced that its Board of Directors declared a special cash dividend of $0.50 per share of common stock, payable November 15, 2011 to shareholders of record at the close of business on October 31, 2011.

ROCKVILLE, MD – Argan, Inc. (NYSE AMEX: AGX) (Company) today announced financial results for the three and six months ended July 31, 2011.

ROCKVILLE, MD – Argan, Inc. (NYSE AMEX: AGX) (Company) today announced financial results for the first quarter ended April 30, 2011 of its fiscal year 2012.

ROCKVILLE, MD – Argan, Inc. (NYSE AMEX: AGX) today announced that its wholly owned subsidiary, Gemma Power Systems California, Inc. (GPS), has received a full notice to proceed from CPV Sentinel for an approximately $250 million contract to design, build and perform other services in connection with the 800 MW, eight GE LMS100 unit simple cycle peaking power plant near Desert Hot Springs, California.

ROCKVILLE, MD – Argan, Inc. (NYSE AMEX: AGX) today announced financial results for the fourth quarter and year ended January 31, 2011.

ROCKVILLE, MD – Argan, Inc. (NYSE AMEX: AGX) announced that its wholly owned subsidiary, Gemma Power Systems California (GPS), has signed an updated engineer-procure-construct (EPC) contract with CPV Sentinel for an approximately $220 million contract to design and build an 800 MW, eight-unit simple cycle peaking power plant in Southern California.

ROCKVILLE, MD – Argan, Inc. (NYSE AMEX: AGX) today announced that it has sold substantially all of the assets of Vitarich Laboratories, Inc. (VLI), a wholly-owned subsidiary of Argan to NBTY Florida, Inc. (NFI).