OCEANA GROUP LIMITED - DIRECTOR"S DEALINGS IN OCEANA SHARES

OCEANA GROUP LIMITED - DIRECTOR"S DEALINGS IN OCEANA SHARES                     
OCEANA GROUP LIMITED                                                            
("Oceana")                                                                      
(Registration number. 1939/001730/06)                                           
Share Code: OCE                                                                 
ISIN: ZAE000025284                                                              
DIRECTOR"S DEALINGS IN OCEANA SHARES                                            
In compliance with rules 3.63 - 3.74 of the Listings Requirements of the JSE    
Securities Exchange South Africa ("the JSE"), the following information is      
disclosed:                                                                      
Director                     :     Mr VJ Alexander                              
Company name                 :     St Helena Bay Fishing Industries Limited     
Date of transaction          :     31 May 2004                                  
Price per unit               :     R15.25                                       
Number of shares             :     1,704 ordinary shares of 0.1 cents each      
Aggregate consideration      :     R25,986                                      
Nature of transaction        :     Sale of Oceana shares                        
Extent of interest           :     Directly beneficial                          
Clearance to deal in these shares was obtained in accordance with Oceana"s      
policy with regard to directors" dealings as well as the Listings Requirements  
of the JSE.                                                                     
Cape Town                                                                       
01 June 2004                                                                    
Sponsor                                                                         
Standard Bank                                                                   
Date: 01/06/2004 04:24:44 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department