DISCOVERY HOLDINGS LIMITED - DEALING IN SECURITIES BY DIRECTOR

DISCOVERY HOLDINGS LIMITED - DEALING IN SECURITIES BY DIRECTOR                  
(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             : 15 000                                           
Date of transaction          : 2 September 2003                                 
Selling price                : 930.27 cents per share                           
Total value of transaction   : R139 541                                         
Nature and extent of                                                            
director"s interest          : Indirect / Non-beneficial                        
                               (Hillside Trust)                                 
Sandton                                                                         
3 September 2003                                                                
Merchant Bank and Sponsor                                                       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 03/09/2003 01:33:12 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department