DISCOVERY LIMITED - Interim preference share dividend declaration

Interim preference share dividend declaration

Discovery Limited
(Incorporated in the Republic of South Africa)
Registration number: 1999/007789/06
Company tax reference number: 9652/003/71/7
Share code: DSBP
ISIN: ZAE000158564
("the Company")

INTERIM PREFERENCE SHARE DIVIDEND DECLARATION

Notice is hereby given that the directors have declared an interim gross cash dividend
of 518.15068 cents (414.52054 cents net of dividend withholding tax) per B preference
share for the period 1 July 2017 to 31 December 2017, payable from the income reserves
of the Company. A dividend withholding tax of 20% will be applicable to all preference
shareholders who are not exempt.

The issued preference share capital at the declaration date is 8 million B preference
shares.

The salient dates for the dividend will be as follows:

Last day of trade to receive a dividend                     Tuesday,     6 March 2018
Shares commence trading "ex" dividend                       Wednesday,   7 March 2018
Record date                                                 Friday,      9 March 2018
Payment date                                                Monday,      12 March 2018

B Preference share certificates may not be dematerialised or rematerialised between
Wednesday, 7 March 2018 and Friday, 9 March 2018, both days inclusive.

Sandton
15 February 2018

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

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