"During the search‚ the remains of the body of the man‚ believed to have been bitten by a shark‚ were located by crew of a private fishing boat.
"The remains of the body were recovered from the water onto a sea rescue craft and brought to shore.
"NSRI Convey sincerest condolences to the family of a 68 year old Austrian man who died yesterday at Protea Banks, South Coast Kwa-Zulu Natal."
Initially, the NSRI said the man was German but they today revealed that he was in fact Austrian and thanked both the Austrian and German Consulates who assisted.
Protea Banks is a reef just 6.4km off the South African coast and attracts thousands of scuba divers each year.
Diving enthusiasts typically travel to the area because of the large number of tiger and bull sharks which live there.