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Thu 20 Apr 2006, 15:28 Oceana/RAH - Joint Cautionary Announcement
OCE   RAH
 OCE   RAH                                                                       
Oceana/RAH - Joint Cautionary Announcement                                      
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")                                                                      
Real Africa Holdings Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/003919/06)                                            
Share code: RAH                                                                 
ISIN: ZAE000008702                                                              
("RAH")                                                                         
JOINT CAUTIONARY ANNOUNCEMENT                                                   
Shareholders are advised that Oceana and RAH have entered into negotiations,    
which if successfully concluded, will result in RAH disposing of its indirect   
interest in Oceana to an empowerment consortium. The envisaged transaction may  
have a material effect on the share prices of the respective companies.         
Accordingly, Oceana and RAH shareholders are advised to exercise caution when   
dealing in Oceana and RAH securities until a full announcement is made.         
Cape Town                                                                       
20 April 2006                                                                   
Investment bank and sponsor to Oceana                                           
Standard Bank                                                                   
Sponsor to RAH                                                                  
Rand Merchant Bank (A division of FirstRand Bank Limited) Corporate Finance     
Date: 20/04/2006 03:28:04 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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