Results of Annual General Meeting and resignation of Director

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")


RESULTS OF ANNUAL GENERAL MEETING AND RESIGNATION OF DIRECTOR


Results of Annual General Meeting

Shareholders of Oceana ("Shareholders") are advised that the voting
results for the Annual General Meeting ("AGM") of Oceana held at 14h00
today were as follows:

Resolu- Resolution Number of Percentage For Against Abstained
tion shares of shares ** ** *
voted in issue*
Number % % %
%

1.1 Ordinary 122 712 059 94.1% 99.9% 0.1% 0.0%
resolution
Re-election
of ZBM Bassa
as a director

1.2 Ordinary 122 712 059 94.1% 99.6% 0.4% 0.0%
resolution
Re-election
of MA Brey as
a director

1.3 Ordinary 122 712 059 94.1% 99.9% 0.1% 0.0%
resolution
Re-election
of NP Doyle
as a director

1.4 Ordinary 122 712 059 94.1% 99.9% 0.1% 0.0%
resolution
Re-election
of
FP Kuttel as
a director
1.5 Ordinary 122 712 059 94.1% 99.9% 0.1% 0.0%
resolution
Re-election
of
GG Fortuin as
a director

1.6 Ordinary 122 712 059 94.1 99.8% 0.2% 0.0%
resolution
Re-election
of
LC Mac
Dougall as a
director

2 Ordinary 122 712 059 94.1% 94.5% 5.1% 0.4%
resolution
Re-
appointment
of Deloitte &
Touche as
auditor

3.1 Ordinary 122 712 059 94.1% 100% 0.0% 0.0%
resolution
Appointment
of ZBM Bassa
as a member
of the Audit
Committee

3.2 Ordinary 122 712 059 94.1% 100% 0.0% 0.0%
resolution
Appointment
of PG de
Beyer as a
member of the
Audit
Committee

3.3 Ordinary 122 712 059 94.1% 95.3% 4.7% 0.0%
resolution
Appointment
of S Pather
as a member
of the Audit
Committee

4 Non-binding 122 712 059 94.1% 90.1% 9.9% 0.0%
advisory vote
Approval of
remuneration
policy

5 Special 122 712 059 94.1% 87.7% 12.3% 0.0%
resolution
Financial
assistance to
related or
inter-related
companies and
others

6 Special 122 712 059 94.1% 99.1% 0.5% 0.4%
resolution
Remuneration
of non-
executive
directors

7 Special 122 712 059 94.1% 99.3% 0.7% 0.0%
resolution
General
authority to
repurchase
shares

8 Ordinary 122 712 059 94.1% 100% 0.0% 0.0%
resolution
Authorisat-
ion of
directors

*Based on 135 526 154 ordinary shares in issue at the date of the AGM.
**In relation to the total number of shares voted at the AGM.

Based on the above results, all resolutions were passed by the requisite
majority of Shareholders present in person or represented by proxy.


Resignation of director

Shareholders are advised that Mr. Peter Matlare has resigned as a
director of Oceana, effective 16 February 2017. The Board of Directors
("the Board") wishes to thank Mr. Matlare for his contribution during
his tenure on the Board and we wish him well with his future endeavours.

16 February 2017
Cape Town

Sponsor - South Africa: The Standard Bank of South Africa Limited

Sponsor Namibia: Old Mutual Investment Services (Namibia)
Proprietary Limited

Date: 16/02/2017 04:21:00
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Oceana Group Limited published this content on 16 February 2017 and is solely responsible for the information contained herein.
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