Acquisition by Oceana of the entire issued share capital of Daybrook Fisheries - fulfillment of conditions 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”) ACQUISITION BY OCEANA OF THE ENTIRE ISSUED SHARE CAPITAL OF DAYBROOK FISHERIES – FULFILLMENT OF CONDITIONS Further to the announcements dated 19 May 2015, 27 May 2015, 15 June 2015 and 15 July 2015 and the circular to Oceana shareholders dated 15 June 2015 (“the Circular”) (using the terms defined therein unless otherwise stated), shareholders are advised that all the Conditions have been fulfilled and the Transaction has become effective. An announcement in relation to the proposed Rights Offer, of which details were set out in the Circular, will be made in due course. Cape Town 23 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: 23/07/2015 03:45:00 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.