Stock Exchange News Service

Directors' dealing

OCEANA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1939/001730/06)
JSE share code: OCE
NSX share code: OCG
ISIN: ZAE000025284
(“Oceana”)

OCEANA GROUP LIMITED 2013 SHARE PLAN: DEALING IN SECURITIES

In compliance with paragraphs 3.63 – 3.74 of the Listings Requirements of JSE
Limited (“the JSE”), shareholders are advised that Oceana Group Limited (“the
Company”) has awarded the following Restricted Shares (“RS”) to the following
directors of the Company, the Company Secretary and directors of major
subsidiaries of the Company (“the Participants”), as set out below.

The awards were accepted on 05 December 2018.

RS is settled after three years from the Offer Date            dependent   on   the
participant still being in the employment of the Company.


The RS offered may be summarised as follows:

Name                     Position                          No of RS awarded is

I Soomra                 Director                          10 100
J Hurn                   Director of a major               4 300
                         Subsidiary
L De Waal                Director of a major               6 700
                         Subsidiary
S Salie                  Director of a major                3 100
                         Subsidiary
JM Marais                Company Secretary                 1 900


The following are applicable to the above:

-   Class of underlying security to which        Ordinary shares
    rights attach
-   RS Award Price per share                     Rnil (not applicable)
-   Nature of transaction                        Off-market allocation RS
-   RS vesting period                            Third anniversary of the Offer
                                                  Date
-   Nature of interest                           Direct beneficial


In accordance with section 3.66 of the Listings Requirements the necessary
clearance was obtained to offer the abovementioned RS.

Cape Town
5 December 2018
Sponsor - South Africa: The Standard Bank of South Africa Limited

Sponsor - Namibia: Old Mutual Investment Services (Namibia) Proprietary Limited

Date: 05/12/2018 05:00:00 
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