A Wave Climate is normally defined in terms of (i) significant wave heights (Hs or H-m0), (ii) zero crossing, significant, mean or spectral peak wave periods (Tz, Ts, Tm or Tp respectively), (iii) wave directions, and (iv) joint frequencies of Hs or H 0 and T. Wave climate data is statistically analysed to derive extreme values and design wave data for specified probabilities of exceedance or return periods. This paper reviews the application of different methods of statistical analysis to the Southern Indian Ocean Area on the edge of the Agulhas Bank, using a data bank comprising wave data recordings, which were collected over a six-year period, from January 1998 to December 2003, on the Mossgas FA offshore gas drilling platform, on the Agulhas Bank in the Southern Indian Ocean. Different samples from the data bank have been analysed in the paper and the results of these analyses have been extrapolated to derive extreme wave height estimates. The paper has taken cognisance of the previous work, which has been carried out in the same area by J. Rossouw and M. Rossouw [5, 8, 9].