Results of Annual 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”) RESULTS OF ANNUAL GENERAL MEETING Shareholders of Oceana (“Shareholders”) are advised that the voting results for the Annual General Meeting (“AGM”) of Oceana held at 14h00 today were as follows: Resolu- Resolution Number of Percentage For Against Abstained tion shares of shares % % % voted in issue* Number % 1.1 Ordinary 119 370 958 91.5% 99.3% 0.1% 0.6% resolution Re- election of ABA Conrad as a director 1.2 Ordinary 119 371 528 91.5% 99.4% 0.0% 0.6% resolution Re- election of PG de Beyer as a director 1.3 Ordinary 119 371 528 91.5% 99.3% 0.1% 0.6% resolution Re- election of TJ Tapela as a director 1.4 Ordinary 119 371 528 91.5% 99.8% 0.2% 0.0% resolution Re- election of I Soomra as a director 2 Ordinary 119 371 528 91.5% 100% 0.0% 0.0% resolution Re- appointmen t of Deloitte & Touche as auditor 3.1 Ordinary 119 371 528 91.5% 99.4% 0.0% 0.6% resolution Appointment of ZBM Bassa as a member of the Audit Committee 3.2 Ordinary 119 371 528 91.5% 99.4% 0.0% 0.6% resolution Appointmen t of PG de Beyer as a member of the Audit Committee 3.3 Ordinary 119 371 528 91.5% 94.4% 5.0% 0.6% resolution Appointmen t of S Pather as a member of the Audit Committee 4 Ordinary 119 371 528 91.5% 100% 0.0% 0.0% resolution Authorisation of directors Non- Approval 119 371 528 91.5% 87.3% 12.7% 0.0% binding of advisory remunerati vote on policy 1 Special 119 371 528 91.5% 92.0% 8.0% 0.0% resolution Financial assistance to related or inter- related companies and others 2 Special 119 371 528 91.5% 100% 0.0% 0.0% resolution Remunerati on of non- executive directors 3 Special 119 371 528 91.5% 99.5% 0.5% 0.0% resolution General authority to repurchase shares 4.1 Special 119 371 528 91.5% 100% 0.0% 0.0% resolution Authority to decrease the authorised share capital from 1 400 000 000 ordinary no par value shares to 300 000 00 0 ordinary no par value shares 4.2 Amendment 119 371 528 91.5% 100% 0.0% 0.0% of MOI Based on the above results, all resolutions were passed by the requisite majority of Shareholders present in person or represented by proxy. The special resolutions passed will be filed with, and registered where required, by the Companies and Intellectual Property Commission. 18 February 2016 Cape Town Sponsor - South Africa: The Standard Bank of South Africa Limited Sponsor Namibia: Old Mutual Investment Services (Namibia) Proprietary Limited Date: 18/02/2016 05:06:00 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.