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Tue 17 May 2011, 12:09 DSY - Discovery Holdings Limited - Voluntary disclosure of dealings in
DSY
DSY                                                                             
DSY - Discovery Holdings Limited - Voluntary disclosure of dealings in          
securities by a BEE Partner                                                     
DISCOVERY HOLDINGS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1999/007789/06)                                           
ISIN: ZAE000022331                                                              
Share Code: DSY                                                                 
("Discovery")                                                                   
VOLUNTARY DISCLOSURE OF DEALINGS IN SECURITIES BY A BEE PARTNER                 
Shareholders are referred to the Circular to Shareholders, dated 15 November    
2005, relating to the Black Economic Empowerment ("BEE") transaction, which     
requires the BEE parties to utilise all distributions to acquire additional     
ordinary shares in Discovery in the market. Shareholders are accordingly advised
of the following purchases of Discovery ordinary shares by one of Discovery`s   
BEE partners, WDB Discovery Investments (Pty) Limited:                          
Date              Number Of    Average    Total Value                           
                 Shares       Price                                             
26 April 2011     8 000        R37.70     R301,600.00                           
29 April 2011     42 000       R37.70     R1,583,375.36                         
04 May 2011       50 000       R37.52     R1,876,013.07                         
05 May 2011       30 000       R37.35     R1,120,636.41                         
09 May 2011       20 000       R37.05     R740,903.88                           
13 May 2011       63 000       R37.43     R2,358,017.90                         
Sandton                                                                         
17 May 2011                                                                     
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 17/05/2011 12:09:01 Produced by the JSE SENS Department.                  
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