FIRSTRAND - ACQUISITION OF ADDITIONAL SHARES IN DISCOVERY HOLDINGS LIMITED
FIRSTRAND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number : 1966/010753/06)
ISIN : ZAE000014973
Share Code : FSR
ACQUISITION OF ADDITIONAL SHARES IN DISCOVERY HOLDINGS LIMITED
Shareholders are referred to the announcement published by Discovery Holdings
Limited (`Discovery`) on SENS on 1 December 2004 relating to the sale of
Discovery shares by Adrian Gore, the Chief Executive Officer of Discovery and
Barry Swartzberg, the Managing Director of Discovery Health.
FirstRand has acquired, in terms of a pre-emptive right, 4 881 739 Discovery
shares from Adrian Gore and Barry Swartzberg who will utilise the proceeds of
the sale of these shares to reduce personal debt incurred for the purpose of
following their rights at the time of Discovery`s capital raising exercise in
2003 and to reduce other debt that they have.
Sandton
1 December 2004
Merchant Bank and Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
CORPORATE FINANCE
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