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RAH
 RAH                                                                             
Real Africa Holdings Limited - Announcement                                     
REAL AFRICA HOLDINGS LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/003919/06)                                            
Share code: RAH                                                                 
ISIN: ZAE000008702                                                              
("RAH" or "the Company")                                                        
ANNOUNCEMENT                                                                    
Shareholders are referred to the joint announcement published today by RAH and  
Oceana Group Limited. Shareholders are advised that the Company has entered into
consultations with the Securities Regulation Panel in this regard. This is      
required as a result of the potential cash offer for the entire issued share    
capital of the Company as announced on SENS on 27 March 2006.                   
Bryanston                                                                       
20 April 2006                                                                   
SPONSOR                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 20/04/2006 05:40:04 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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