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                                                                 
DEALING IN SECURITIES BY DIRECTOR                                               
In compliance with rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Director:                     Neville Koopowitz on behalf of Micdan Investment  
                              Trust                                             
Company:                      Discovery Holdings Limited                        
Class of security:            Ordinary Shares                                   
Nature of transaction:        Sale                                              
Number of shares:             113 744                                           
Date of transaction:          19 September 2003                                 
Selling price:                R9.30 cents per share                             
Total value of transaction:   R1,057,819.20                                     
Nature and extent of                                                            
director"s interest:          Indirect / Non-beneficial                         
Sandton                                                                         
19 September 2003                                                               
Merchant Bank and Sponsor                                                       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 19/09/2003 01:29:28 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department