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  : ZAE000022331                                                            
Share Code : DSY                                                                
In compliance with rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Director                      :    Barry Swartzberg                             
Company                       :    Discovery Holdings Limited                   
Class of security             :    Ordinary shares                              
Nature of transaction         :    Sale                                         
Number of shares              :    35 000                                       
Date of transaction           :    29 August 2003                               
Selling price                 :    940 cents per share                          
Total value of transaction    :    R329 000                                     
Nature and extent of                                                            
director"s interest           :    Indirect / Non-beneficial                    
(Hillside Trust)                                                                
Sandton                                                                         
2 September 2003                                                                
Merchant Bank and Sponsor                                                       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 02/09/2003 03:31:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department