Discovery Holdings Limited - 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 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department