2013 Share Plan: Dealing in Securities 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”) OCEANA GROUP LIMITED 2013 SHARE PLAN: DEALING IN SECURITIES In compliance with paragraphs 3.63 – 3.74 of the Listings Requirements of JSE Limited (“the JSE”), shareholders are advised that Oceana Group Limited (“the Company”) has offered the following Restricted Shares (“RS”) to the following directors of the Company, the Company Secretary and directors of major subsidiaries of the Company (“the Participants”), as set out below. The offers were accepted on 16 November 2015 (“Offer Date”). RS is settled after three years from the Offer Date dependent on the participant still being in the employment of the Company. The RS offered may be summarised as follows: Name Position No of RS awarded FP Kuttel Director and director of a 75 366 major subsidiary ABA Conrad Director and director of a 2 500 major subsidiary I Soomra Director and director of a 15 400 major subsidiary G Rhodes-Harrison Director of a major subsidiary 14 423 L De Waal Director of a major subsidiary 6 175 JM Marais Company Secretary 1 000 The following are applicable to the above: Class of underlying security to Ordinary shares which rights attach RS Award Price per share Rnil (not applicable) Nature of transaction Off-market allocation of SARs, PVS and RS RS vesting period Third anniversary of the Offer Date Nature of interest Direct beneficial In accordance with section 3.66 of the Listings Requirements the necessary clearance was obtained to offer and accept the abovementioned RS. In addition to the above, the following dealings by a director of the Company are also disclosed: Name of director: P de Beyer Company: Oceana Date of transactions: (1) 13 November 2015 (2) 16 November 2015 Nature of transaction: Sale of shares Number of shares: (1) 2 420 (2) 1 000 Price: (1) 11354.00 cents per share (volume weighted average price) (2) 11500.00 cents per share Highest price: (1) 11380.00 cents per share Lowest price: (1) 11310.00 cents per share Total value: (1) R274 766.80 (2) R115 000 Class of securities: Ordinary shares Nature and extent of director’s Direct beneficial interest: The above transaction was done on market. Clearance to deal was received in terms of paragraph 3.66 of the Listings Requirements. 16 November 2015 Cape Town JSE Sponsor: The Standard Bank of South Africa Limited NSX Sponsor: Old Mutual Investment Services (Namibia) Proprietary Limited Date: 16/11/2015 05:35:00 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.