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Oceana Group Limited - Trading Statement Update                                 
Oceana Group Limited                                                            
(Registration number: 1939/001730/06)                                           
JSE Share Code: OCE                                                             
NSX Share Code: OCG                                                             
ISIN: ZAE000025284                                                              
(`Oceana` or `the Company`)                                                     
TRADING STATEMENT UPDATE                                                        
Shareholders are advised that headline earnings per share for the year ended 30 
September 2005 are expected to be between 20% and 30% lower than the previous   
year.                                                                           
Earnings per share for the year ended 30 September 2005 are expected to be      
between 30% and 40% lower than in the previous year.                            
The financial information on which this Trading Statement is based has not been 
reviewed and/or reported on by the Company`s auditors.                          
Cape Town                                                                       
1 September 2005                                                                
Sponsor                                                                         
Standard Bank

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