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Thu 30 Jun 2005, 17:07 Dealing In Securities By Directors
Discovery Holdings Limited - Dealing In Securities By Directors                 
DISCOVERY HOLDINGS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number : 1999/007789/06)                                          
ISIN  : ZAE000022331                                                            
Share Code : DSY                                                                
In compliance with the JSE Securities Exchange South Africa (`JSE`) Listings    
Requirements, the following information is disclosed:                           
Director                      :  Mr. H P Mayers                                 
Class of security             :  Ordinary shares                                
Nature of transaction         :  Redemption of preference shares and purchase   
of Discovery ordinary shares with the proceeds 
Number of shares              :  2 156 833                                      
Date of transaction           :  30 June 2005                                   
Price                         :  R12.57 per share                               
Total value of transaction    :  R27 111 390.81                                 
Nature and extent of                                                            
director`s interest           :  Indirect beneficial                            
Clearance given               :  Yes                                            
Director                      :  Mr. J M Robertson                              
Class of security             :  Ordinary shares                                
Nature of transaction         :  Redemption of preference shares and purchase   
                                 of Discovery ordinary shares with the proceeds 
Number of shares              :  86 273                                         
Date of transaction           :  30 June 2005                                   
Price                         :  R12.57 per share                               
Total value of transaction    :  R1 084 451.61                                  
Nature and extent of                                                            
director`s interest           :  Direct beneficial                              
Clearance given               :  Yes                                            
Director                      :  Mr. N S Koopowitz                              
Class of security             :  Ordinary shares                                
Nature of transaction         :  Redemption of preference shares and purchase   
                                 of Discovery ordinary shares with the proceeds 
Number of shares              :  503 261                                        
Date of transaction           :  30 June 2005                                   
Price                         :  R12.57 per share                               
Total value of transaction    :  R6 325 990.77                                  
Nature and extent of                                                            
director`s interest           :  Indirect beneficial                            
Clearance given               :  Yes                                            
Sandton                                                                         
30 June 2005                                                                    
Merchant bank and sponsor                                                       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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