Discovery Holdings Limited - Dealing In Securities By Director

Discovery Holdings Limited - Dealing In Securities By Director                  
Discovery Holdings Limited                                                      
(Registration number 1999/007789/06)                                            
ISIN Code:  ZAE000022331                                                        
SIN Code :  DSY                                                                 
Pursuant to a PUT and CALL option arrangement concluded by Mr S.D Whyte on      
22 June 2001 and exercisable on 21 June 2002 which arrangement was concluded    
solely to guarantee certain personal long term financial  obligations, Mr       
S.D Whyte  has sold 1 250 000 Discovery Holdings  Ltd shares at the             
prevailing market price on the 21 June 2002, being R 7,05 per share, which      
sale was effective on the 21 June 2002.                                         
In compliance with rule 3.72 - 3.75 of the Listings Requirements, the           
following information is disclosed:                                             
Director                     :  Mr S D Whyte                                    
Date of Transaction          :  21 June 2002                                    
Class of security            :  Ordinary shares                                 
Nature of transaction        :  Sale                                            
Number of shares and                                                            
sale price                   :  1 250 000 shares @ R7,05 per share              
Nature of director`s                                                            
interest                     :  Direct & beneficial                             
Date: 21/06/2002 04:56:33 PM Produced by the SENS Department