DIRECTOR’S DEALINGS IN OCEANA SHARES

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Oceana Group Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1939/001730/06)
JSE Share Code: OCE
NSX Share Code: OCG
ISIN Number: ZAE000025284
(“Oceana”)

In compliance with rules 3.63 – 3.74 of the Listings Requirements of JSE Limited, the following information relating to directors’ dealings in securities is disclosed:

Name of company which has acquired securities in Oceana: Brimstone Investment Corporation Limited
Transaction date: 21 December 2011
Class of securities: Ordinary shares
Number of securities: 8,500,000
Price per security: R45.00
Total value: R382.5 million
Nature of transaction: Shares acquired on the market
Clearance obtained: Yes
Names of directors: Mustaq Ahmed Brey: Takula Jenkins Tapela
Relationship: MA Brey and TJ Tapela hold shares in the company which has acquired securities in Oceana
Nature and extent of MA Brey’s interest: Indirect beneficial interest in 566,044 Oceana shares
Nature and extent of TJ Tapela’s interest: Indirect beneficial interest in 183 Oceana shares

Cape Town
22 December 2011

Sponsor
The Standard Bank of South Africa Limited