| Thu 17 Feb 2005, 16:05 | | New Appointment To Discovery Holdings Ltd Board |
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Discovery Holdings Limited - New Appointment To Discovery Holdings Limited Board
DISCOVERY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/007789/06)
Share code: DSY
ISIN: ZAE000022331
(`Discovery` or `the Company`)
In compliance with the JSE Securities Exchange South Africa Listings
Requirements, the following information is disclosed:
Mr. Steven B Epstein has been appointed as a non-executive director to the board
of Discovery with effect from today,
17 February 2005.
Mr Epstein is a founding member of Epstein Becker & Green, the largest
healthcare law firm in the United States, and the senior health law partner in
its Washington, D.C. office. A pioneer in the practice of health care law, Mr.
Epstein played a major role in the establishment of health maintenance
organisations and managed care as an accepted form of health care delivery, both
on the federal and state levels.
Mr. Epstein`s experience includes:
Providing a wide range of health care organisations and providers with strategic
legal guidance, with a special emphasis on mergers and acquisitions and
relationships between non-profit and equity-owned health care systems;
Counselling clients throughout the country, including many of the most
recognised institutions, providers and corporations in health care today, in 16
different areas of health practice, ranging from health policy and federal
agency representation to complex litigation support;
Serving as a consultant on new and emerging systems of care.
Following graduation from law school, Mr. Epstein joined the Wall Street law
firm of Barrett Knapp Smith & Shapiro. In 1972-73 he served as a legal
consultant to the Health Maintenance Organization Service, Health Services and
Mental Health Administration, U.S. Department of Health, Education and Welfare.
In 1973, Mr. Epstein founded Epstein & Becker, the predecessor to Epstein Becker
& Green. Epstein Becker & Green supports clients throughout the United States in
16 different areas of health practice, ranging from health policy to strategic
partnering to complex compliance issues. The firm currently has over 350
attorneys, with ten domestic offices. Epstein Becker & Green has over 90
attorneys specialising solely in health law, and is recognised as one of the
leading law firms in health law.
Mr. Epstein, a graduate of the Columbia Law School, currently serves as chairman
of the Columbia Law School Board of Visitors. He also serves on the Board of
Trustees and Executive Committee of Tufts University in Boston.
Adrian Gore, CEO of Discovery Holdings said, `We have had a long association
with Steve since our entry into the US health care market with Destiny Health. I
have no doubt that his considerable business experience and health care acumen
will add great value to Discovery, particularly in terms of our international
operations.`
FOR FURTHER INFORMATION PLEASE CONTACT:
Patrick Lawlor
Beachhead Media & Investor Relations
Tel: (011) 214-2400
Fax: (011) 214-2405
Email: Patrick@bmsa.co.za
On behalf of: Adrian Gore - CEO
Discovery
Contact: (011) 529-2888
Sandton
17 February 2005
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
CORPORATE FINANCE
Date: 17/02/2005 04:02:51 PM
Produced by the JSE SENS Department
