X0202 4 2007-07-16 0000800082 ARGONAUT GROUP INC AGII 0001112049 SINGLETON GROUP LLC 11661 SAN VICENTE BLVD SUITE 915 LOS ANGELES CA 90049 0 0 1 0 0001112047 SINGLETON WILLIAM W 11661 SAN VICENTE BLVD SUITE 915 LOS ANGELES CA 90049 0 0 1 0 Common Stock 2007-07-16 4 S 0 12096 30.40 D 4441784 D Common Stock 2007-07-16 4 S 0 904 30.41 D 4440880 D Common Stock 2007-07-16 4 S 0 1500 30.42 D 4439380 D Common Stock 2007-07-16 4 S 0 147 30.44 D 4439233 D Common Stock 2007-07-16 4 S 0 7053 30.45 D 4432180 D Common Stock 2007-07-16 4 S 0 600 30.46 D 4431580 D Common Stock 2007-07-16 4 S 0 1000 30.47 D 4430580 D Common Stock 2007-07-16 4 S 0 1000 30.50 D 4429580 D Common Stock 2007-07-16 4 S 0 500 30.72 D 4429080 D Common Stock 2007-07-16 4 S 0 400 30.80 D 4428680 D Common Stock 2007-07-16 4 S 0 500 30.81 D 4428180 D Common Stock 2007-07-16 4 S 0 500 30.82 D 4427680 D Common Stock 2007-07-16 4 S 0 10500 30.85 D 4417180 D Common Stock 2007-07-16 4 S 0 16954 30.86 D 4400226 D Common Stock 2007-07-16 4 S 0 2523 30.87 D 4397703 D Common Stock 2007-07-16 4 S 0 14000 30.88 D 4383703 D Common Stock 2007-07-16 4 S 0 2000 30.38 D 4381703 D These shares are owned directly by the Singleton Group LLC. William W. Singleton, as the trustee and beneficiary of a trust that has a membership interest in the Singleton Group LLC and as a Manager of the Singleton Group LLC, has an indirect interest in these shares through Singleton Group LLC. William W. Singleton is filing jointly with the Singleton Group LLC, but disclaims beneficial interest of the Argonaut Group, Inc. shares held by the Singleton Group LLC except to the extent of his pecuniary interest therein. Donald E. Rugg, as manager of the Singleton Group LLC and Attorney-in-fact for William W. Singleton 2007-07-17