DISCOVERY HOLDINGS LIMITED - DEALING IN SECURITIES AND DONATION BY DIRECTOR
DISCOVERY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number : 1999/007789/06)
ISIN : ZAE000022331
Share Code : DSY
In compliance with rules 3.63 - 3.74 of the JSE Listings Requirements, the
following information is disclosed in respect of Adrian Gore, a director of
Discovery Holdings Limited:
Class of security : Ordinary Shares
Nature of transaction : Sale
Number of shares : 2 203 469
Date of transaction : 21 November 2003
Selling price : 1070 cents per share
Total value of transaction : R23 577 118.30
Nature and extent of
Director"s interest : Direct Beneficial
In a separate transaction, Mr. Gore has also donated 85 000 ordinary shares from
his personal holdings to two charities.
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Mr. Adrian Gore, Chief Executive Officer held 53 475 292 ordinary shares. 13 520
651 of these were acquired through Discovery"s recent capital raising exercise,
funded by personal debt.
In order to reduce Mr. Gore"s interest exposure and prior to the company
entering a closed period with respect to its results for the half year ended 31
December 2003, Mr. Gore has sold 2 203 469 shares at 1070 cents each.
The above transactions constitute approximately 4.28% of Mr. Gore"s holdings. He
remains the holder of 51 186 823 ordinary shares.
Sandton
25 November 2003
Merchant Bank and Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
CORPORATE FINANCE
Date: 25/11/2003 11:25:02 AM Produced by the JSE SENS Department
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