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Thu 6 May 2004, 15:35 Dealing In Securities By Director
Discovery Holdings Limited - Dealing In Securities 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 Securities Exchange South Africa
  (`JSE") Listings Requirements, the following information is disclosed in respect
  of Neville Koopowitz, a director of Discovery Holdings Limited:                 
  Class of security                       :  Ordinary shares                      
  Nature of transaction                   :  Sale                                 
  Number of shares                        :  10 000                               
  Date of transaction                     :  4 May 2004                           
  Selling price                           :  R13.30 per share                     
  Total value of transaction              :  R133 000                             
  Nature and extent of                                                            
  director"s interest                     :  Direct beneficial                    
  Clearance given                         :  Yes                                  
  Class of security                       :  Ordinary shares                      
  Nature of transaction                   :  Sale                                 
  Number of shares                        :  10 000                               
  Date of transaction                     :  5 May 2004                           
  Selling price                           :  R13.30 per share                     
  Total value of transaction              :  R133 000                             
  Nature and extent of                                                            
  director"s interest                     :  Direct beneficial                    
  Clearance given                         :  Yes                                  
  Class of security                       :  Ordinary shares                      
  Nature of transaction                   :  Sale                                 
  Number of shares                        :  9 625                                
  Date of transaction                     :  6 May 2004                           
  Selling price                           :  R13.30 per share                     
  Total value of transaction              :  R128 012.50                          
  Nature and extent of                                                            
  director"s interest                     :  Direct beneficial                    
  Clearance given                         :  Yes                                  
  Class of security                       :  Ordinary shares                      
  Nature of transaction                   :  Sale                                 
  Number of shares                        :  375                                  
  Date of transaction                     :  6 May 2004                           
  Selling price                           :  R13.31 per share                     
  Total value of transaction              :  R4 991.25                            
  Nature and extent of                                                            
  director"s interest                     :  Direct beneficial                    
  Clearance given                         :  Yes                                  
  Sandton                                                                         
  6 May 2004                                                                      
  Merchant Bank and Sponsor                                                       
  RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
  CORPORATE FINANCE                                                               
  Date: 06/05/2004 03:24:22 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 
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