NSX - OCE - Oceana - Director`s dealings in Oceana shares

NSX - OCE - Oceana - Director`s dealings in Oceana shares                       
OCEANA GROUP LIMITED                                                            
(Registration number: 1939/001730/06)                                           
JSE share code: OCE                                                             
NSX share code: OCG                                                             
ISIN: ZAE000025284                                                              
("Oceana")                                                                      
DIRECTOR`S DEALINGS IN OCEANA SHARES                                            
In compliance with rules 3.63 - 3.74 of the Listings Requirements of JSE        
Limited ("the JSE"), the following information is disclosed:                    
Director                      : AB Marshall                                     
Company name                  : Oceana Group Limited                            
Date of transaction           : 21 May 2007                                     
Price per unit                : R15.60                                          
Number of shares              : 137 000 ordinary shares of 0.1 cents each       
Aggregate consideration       : R2 137 200,00                                   
Nature of transaction         : Exercise of options                             
Extent of interest            : Directly beneficial                             
Director                      : AB Marshall                                     
Company name                  : Oceana Group Limited                            
Date of transaction           : 21 May 2007                                     
Price per unit                : R16.24                                          
Number of shares              : 29 000 ordinary shares of 0.1 cents each        
Aggregate consideration       : R470 960,00                                     
Nature of transaction         : Exercise of options                             
Extent of interest            : Directly beneficial                             
Clearance to deal in these shares was obtained in accordance with Oceana`s      
policy with regard to Director`s Dealings as well as the Listings               
Requirements of the JSE.                                                        
Cape Town                                                                       
22 May 2007                                                                     
Sponsor                                                                         
Standard Bank                                                                   
Date: 22/05/2007 14:59:04 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.