Directors' dealings announcement 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”) DEALINGS IN SECURITIES In compliance with the Listings Requirements of the JSE Limited, the following directors of Oceana, elected to follow their rights to subscribe for new Oceana shares, as detailed below, pursuant to the rights offer by Oceana (“the Rights Offer”) of which the finalisation information was released on the Stock Exchange News Service of the JSE Limited on Friday, 14 August 2015. In accordance with the salient dates relating to the Rights Offer, the rights issue shares will be issued on or about Monday, 14 September 2015. The Rights Offer is in respect of 15,999,997 rights offer shares in the ratio of 13.98414 new rights issue shares for every 100 shares held at the close of trade on Friday, 28 August 2015 at a price of ZAR 75.00 per rights offer share. Director: AB Conrad Company: Oceana Group Limited and Lucky Star Limited Nature of transaction: Off-market purchase of shares in terms of the Rights Offer Number of securities: 70 Class of securities: Ordinary Oceana shares offered in terms of the Rights Offer Total value of transaction ZAR 5 250 Nature of interest Direct beneficial Director: PG de Beyer Company: Oceana Group Limited Nature of transaction: Off-market purchase of shares in terms of the Rights Offer Number of securities: 420 Class of securities: Ordinary Oceana shares offered in terms of the Rights Offer Total value of transaction ZAR 31 500 Nature of interest Direct beneficial Clearance to deal was obtained for the above transactions. Cape Town 14 September 2015 Sponsor to Oceana The Standard Bank of South Africa Limited Sponsoring Broker to Oceana on the Namibian Stock Exchange Old Mutual Investment Services (Namibia) Proprietary Limited Date: 14/09/2015 11:11:00 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.