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Fri 28 May 2004, 11:46 DIRECTOR"S DEALINGS IN OCEANA SHARES
OCEANA GROUP LIMITED - DIRECTOR`S DEALINGS IN OCEANA SHARES                     
  Oceana Group Limited                                                            
  (`Oceana`)                                                                      
  (Registration number. 1939/001730/06)                                           
  JSE Share Code: OCE                                                             
  ISIN: ZAE000025284                                                              
  DIRECTOR`S DEALINGS IN OCEANA SHARES                                            
  In compliance with rules 3.63 - 3.74 of the Listings Requirements of the JSE    
  Securities Exchange South Africa (`the JSE`), the following information is      
  disclosed:                                                                      
  Director:                          Mr VJ Alexander                              
  Company name:                      St Helena Bay Fishing Industries Limited     
  Date of transaction:               27 May 2004                                  
  Price per unit:                    R15.50                                       
  Number of shares:                  10,296 ordinary shares of 0.1 cents each     
  Aggregate consideration:           R159,588                                     
  Nature of transaction:             Sale of Oceana shares                        
  Extent of interest:                Directly beneficial                          
  Clearance to deal in these shares was obtained in accordance with Oceana`s      
  policy with regard to directors` dealings as well as the Listings Requirements  
  of the JSE.                                                                     
  Cape Town                                                                       
  28 May 2004                                                                     
  Sponsor                                                                         
  Standard Bank                                                                   
  Date: 28/05/2004 11:30:08 AM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
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