DISCOVERY LIMITED - Dealings in securities by a director

Dealings in securities by a director

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

DEALINGS IN SECURITIES BY A DIRECTOR

In compliance with the Listing Requirements of the JSE
Limited, the following information is disclosed:

Director                         :     Dr Ayanda Ntsaluba
Company                          :     Discovery Limited

Date of transaction              :     03 October 2016
Nature of transaction            :     Off market vesting of Discovery
                                       ordinary shares from the
                                       Discovery BEE Share Trust
Number of securities             :     50,000
Class of securities              :     Ordinary Shares
Deemed price*                    :     R113.00 per share
Total value of transaction       :     R5,650,000.00
Nature of interest               :     Direct beneficial
Clearance obtained               :     Yes

Date of transaction              :     03 October 2016
Nature of transaction            :     On market sale of securities to
                                       primarily settle employees tax
                                       on vesting of shares
Number of securities             :     25,000
Class of securities              :     Ordinary Shares
Selling price                    :     R112.0766 per share
Total value of transaction       :     R2,801,915.00
Nature of interest               :     Direct beneficial
Clearance obtained               :     Yes

* The deemed price is based on the closing price on transaction date

Sandton
05 October 2016

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

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