RNS Number:5509J
Argonaut Games PLC
02 April 2003


                       ARGONAUT GAMES PLC (the "Company")

                              DIRECTOR SHAREHOLDING

H G J Ellis and J J Crilly, directors of the Company, were today granted the
following options over ordinary shares of 1 pence each ("Ordinary Shares"), all
exerciseable at a price of 10.5 pence per Ordinary Share:


Name of director      Options granted under     Exerciseable     Options granted under     Exerciseable
                       the Approved Share                        the Unapproved Share
                          Option Scheme                              Option Scheme


H G J Ellis                  285,000           02/04/2006 to            65,000            02/04/2006 to
                                               02/04/2013                                 02/04/2013

J J Crilly                   285,000           02/04/2006 to               -                    -
                                               02/04/2013



Messrs Ellis and Crilly's respective holdings of options over Ordinary Shares,
following this grant, are 950,000 and 885,000.

2 April 2003

                     This information is provided by RNS
            The company news service from the London Stock Exchange
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