Appointment of Director Oceana Group Limited Incorporated in the Republic of South Africa (Registration number 1939/001730/06) JSE Share: OCE NSX Share Code: OCG ISIN Number: ZAE000025284 ("Oceana" or "the Company") APPOINTMENT OF DIRECTOR In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, the Oceana Board of Directors (Board) announces the appointment of Elton Bosch as Chief Financial Officer and executive director of the Company, with effect from 17 June 2019. Elton holds BCom (Honours) and CA (SA) qualifications and is a seasoned business executive with a wealth of experience across Africa, as well as exposure to the European and Asian markets. Elton has held a number of executive positions, including that of a Chief Financial Officer and executive for Business Development, Risk, Africa, HR, and IT at Clover Industries Limited. He was also an Audit and Advisory Partner at Deloitte & Touche Inc., and director and shareholder of Gobodo Inc. The Board wishes Elton well in his new role. The Board acknowledges and thanks Trevor Giles, who agreed to take on the role of Interim Chief Financial Officer during the recruitment process, for his commitment and important contribution to the Company. The Board wishes Trevor continued success. 05 June 2019 Cape Town Sponsor The Standard Bank of South Africa Limited Namibian Sponsor Old Mutual Investment Services (Namibia) Proprietary Limited Date: 05/06/2019 12:30:00 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.