OCE - Oceana Group Limited - Settlement agreement concluded with the

OCE - Oceana Group Limited - Settlement agreement concluded with the            
Competition Commission                                                          
Oceana Group Limited                                                            
(Registration number: 1939/001730/06)                                           
JSE Share Code: OCE                                                             
NSX Share Code: OCG                                                             
ISIN: ZAE000025284                                                              
("Oceana")                                                                      
SETTLEMENT AGREEMENT CONCLUDED WITH THE COMPETITION COMMISSION                  
With reference to the announcement by Oceana on 9 May 2012 regarding the        
settlement agreement ("the agreement") concluded with the Competition           
Commission, shareholders are advised that the Competition Tribunal has          
confirmed the agreement as a consent order at a hearing held on Tuesday, 19     
June 2012.                                                                      
Cape Town                                                                       
20 June 2012                                                                    
JSE Sponsor                                                                     
The Standard Bank of South Africa Limited                                       
Namibian Sponsor                                                                
Old Mutual Investment Services (Namibia) (Pty) Ltd                              
Member of the Namibian Stock Exchange                                           
Date: 20/06/2012 13:52:01 Supplied by www.sharenet.co.za                     
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