Announcement Relating To The Acquisition Of Oceana Shares 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”) ANNOUNCEMENT RELATING TO THE ACQUISITION OF OCEANA SHARES Shareholders of Oceana are referred to the Brimstone Investment Corporation Limited (“Brimstone”) announcement released on the Stock Exchange News Service of the JSE Limited today, 24 January 2019, in terms of which its shareholders were advised that Brimstone has entered into a conditional but binding offer to acquire 8 000 000 Oceana ordinary shares from Tiger Brands Limited, representing approximately 5.9% of the total Oceana shares currently in issue. Brimstone’s shareholding in Oceana will accordingly increase from 16.98% to 22.88%. Full details of the above are set out in the Brimstone announcement. As required in terms of section 122(3) (a) of the Companies Act, the Company will file the required notice with the Takeover Regulation Panel at the appropriate time. 24 January 2019 Cape Town Sponsor - South Africa: The Standard Bank of South Africa Limited Sponsor - Namibia: Old Mutual Investment Services (Namibia) Proprietary Limited Date: 24/01/2019 02:34:00 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.