DISCOVERY LIMITED - Dealing in securities by a director of a major subsidiary of the company

Dealing in securities by a director of a major subsidiary of the company

DISCOVERY LIMITED
 (Incorporated in the Republic of South Africa)
(Registration number 1999/007789/06)
JSE share code: DSY ISIN: ZAE000022331
(“Discovery” or “the Company”)

DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF THE COMPANY

In compliance with the Listings Requirements of the JSE Limited (“JSE”), shareholders are advised of the following transactions
by a director of Discovery Life, a major subsidiary of Discovery, in terms of the Rights Issue announced on the Stock Exchange
News Service on 24 February 2015 and 10 March 2015:

Director: Mr Kenny Rabson

     1.   Date of Transaction:          2015-03-24
          Nature of Transaction:        On market sale of letters of allocation of the Rights Issue
          Class of Securities:          Letters of Allocation in respect of ordinary shares offered in terms of the Rights Issue
          Number of securities:         41,574
          Selling price:                3 000 cents per share
          Value of Transaction:         R1,247,220.00
          Nature of Interest:           Indirect beneficial

     2.   Date of Transaction:          2015-03-24
          Nature of Transaction:        On market sale of letters of allocation of the Rights Issue
          Class of Securities:          Letters of Allocation in respect of ordinary shares offered in terms of the Rights Issue
          Number of securities:         406
          Selling price:                3 001 cents per share
          Value of Transaction:         R12,184.06
          Nature of Interest:           Indirect beneficial

     3.   Date of Transaction:          2015-03-24
          Nature of Transaction:        On market sale of letters of allocation of the Rights Issue
          Class of Securities:          Letters of Allocation in respect of ordinary shares offered in terms of the Rights Issue
          Number of securities:         2,187
          Selling price:                3 003 cents per share
          Value of Transaction:         R65,675.61
          Nature of Interest:           Indirect beneficial

     4.   Date of Transaction:          2015-03-24
          Nature of Transaction:        On market sale of letters of allocation of the Rights Issue
          Class of Securities:          Letters of Allocation in respect of ordinary shares offered in terms of the Rights Issue
          Number of securities:         4,200
          Selling price:                3 009 cents per share
          Value of Transaction:         R126,378.00
          Nature of Interest:           Indirect beneficial

     5.   Date of Transaction:          2015-03-24
          Nature of Transaction:        On market sale of letters of allocation of the Rights Issue
          Class of Securities:          Letters of Allocation in respect of ordinary shares offered in terms of the Rights Issue
          Number of securities:         11,111
          Selling price:                3 015 cents per share
          Value of Transaction:         R334,996.65
          Nature of Interest:           Indirect beneficial

In terms of the JSE Listings Requirements the necessary clearance to deal in the above securities has been obtained.

Johannesburg
27 March 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 27/03/2015 03:11:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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