Results of General Meeting 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” or “the Company”) RESULTS OF THE GENERAL MEETING OF OCEANA SHAREHOLDERS RELATING TO THE ACQUISITION BY OCEANA OF THE ENTIRE ISSUED SHARE CAPITAL OF DAYBROOK FISHERIES 1. Introduction Further to the announcements dated 19 May 2015, 27 May 2015 and 15 June 2015 and the circular to Oceana shareholders (“Shareholders”) dated 15 June 2015 (“the Circular”) (using the terms defined therein unless otherwise stated), Shareholders are advised that at the General Meeting held on 15 June 2015, convened in terms of the notice of the General Meeting contained in the Circular, the resolutions to approve, inter alia, the acquisition by Oceana of the entire issued share capital of Daybrook Fisheries as a Category 1 transaction in terms of the Listings Requirements, were passed by the requisite majority of Shareholders. 2. Results of General Meeting Details of the results of the voting are as follows: Total issued share capital: 119 526 157 Total number of shares present/represented at the 103 802 394 General Meeting: being 90.7% of the total votable shares Special Resolution number 1: Conversion of par value Oceana Ordinary Shares to no par value Oceana Ordinary Shares Shares voted For Against Abstentions# 103 802 394 103 802 394 Nil Nil Special Resolution Number 2: Increase number of authorised Oceana Ordinary Shares Shares voted For Against Abstentions# 103 802 394 103 802 394 Nil Nil Special Resolution Number 3: Amendments to Memorandum of Incorporation Shares voted For Against Abstentions# 103 802 394 103 489 846 Nil 312 548 Special Resolution Number 4: Approval to issue 30% or more of the Company’s issued Oceana Ordinary Shares Shares voted For Against Abstentions# 103 802 394 103 802 394 Nil Nil Special Resolution Number 5: Authorisation to exclude holders of Treasury Shares from participating in the Rights Offer Shares voted For Against Abstentions# 103 802 394 103 489 846 Nil 312 548 Ordinary Resolution Number 1: Approval of the Transaction as a Category 1 transaction Shares voted For Against Abstentions# 103 802 394 103 802 394 Nil Nil Ordinary Resolution Number 2: Placing Oceana Ordinary Shares under the control of the directors for the specific purpose of the Rights Offer Shares voted For Against Abstentions# 103 802 394 103 802 394 Nil Nil Ordinary Resolution Number 3: General authorising resolution Shares voted For Against Abstentions# 103 802 394 103 802 394 Nil Nil It is anticipated that the closing date for the Transaction will be on or about 22 July 2015, following the fulfillment of all the Conditions. Cape Town 15 July 2015 Investor relations contacts: Imraan Soomra, Financial Director +27 21 410 1458 Financial and Debt Adviser and Transaction Sponsor to Oceana The Standard Bank of South Africa Limited South African Legal Counsel to Oceana Webber Wentzel United States Legal Counsel to Oceana Kean Miller LLP Haynes and Boone LLP K&L Gates LLP Hogan Lovells US LLP United States Financial Adviser to Oceana Antarctica Advisors LLC Sponsoring Broker to Oceana on the Namibian Stock Exchange Old Mutual Investment Services (Namibia) Proprietary Limited Date: 15/07/2015 05:00:00 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.