DSY
DSY
Discovery Holdings Limited - Press release
Discovery Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1999/007789/06)
ISIN: ZAE000022331
Share Code: DSY
("Discovery")
PRESS RELEASE
Shareholders are referred to an announcement by Discovery dated 21 February
2005, and are advised that Discovery Life has concluded the contract with
Prudential Assurance Company Limited ("Prudential Assurance"), a wholly owned
subsidiary of Prudential plc, for the development and marketing of a new
protection product in the United Kingdom. The product will be marketed under
the Prudential brand. Prudential Assurance have begun initial marketing and
roll-out of the product. Further details of the partnership with Prudential
Assurance will be made available when Discovery announces its results for the
year ended 30 June 2006 in early September. The partnership is not expected to
have a material impact on Discovery"s earnings in the short-term.
Sandton
27 July 2006
Merchant bank and sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 27/07/2006 09:37:05 AM Produced by the JSE SENS Department
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