OCE - Oceana Group Limited - Director`s dealings in Oceana shares

OCE - Oceana Group Limited - Director`s dealings in Oceana shares               
Oceana Group Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1939/001730/06)                                            
JSE Share Code: OCE                                                             
NSX Share Code: OCG                                                             
ISIN Number: ZAE000025284                                                       
("Oceana")                                                                      
DIRECTOR`S DEALINGS IN OCEANA SHARES                                            
In compliance with rules 3.63 - 3.74 of the Listings Requirements of JSE        
Limited, the following information relating to directors` dealings in           
securities is disclosed:                                                        
Name of company which has                                                       
acquired securities                                                             
in Oceana                :   Brimstone Investment Corporation Limited           
Transaction date         :   21 December 2011                                   
Class of securities      :   Ordinary shares                                    
Number of securities     :   8,500,000                                          
Price per security       :   R45.00                                             
Total value              :   R382.5 million                                     
Nature of transaction    :   Shares acquired on the market                      
Clearance obtained       :   Yes                                                
Names of directors       :   Mustaq Ahmed Brey                                  
:   Takula Jenkins Tapela                               

Relationship             :   MA Brey and TJ Tapela hold shares in the           
                             company which has acquired securities in           
                             Oceana                                             
Nature and extent of                                                            
MA Brey`s interest       :   Indirect beneficial interest in                    
                            566,044 Oceana shares                               
Nature and extent of                                                            
TJ Tapela`s interest     :   Indirect beneficial interest in                    
                            183 Oceana shares                                   
Cape Town                                                                       
22 December 2011                                                                
Sponsor                                                                         
The Standard Bank of South Africa Limited                                       
Date: 22/12/2011 15:01:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.