DISCOVERY HOLDINGS LIMITED - DEALING IN SECURITIES BY DIRECTOR

DISCOVERY HOLDINGS LIMITED - DEALING IN SECURITIES BY DIRECTOR                  
DISCOVERY HOLDINGS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(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:                     Herschel Mayers                                   
Company:                      Discovery Holdings Limited                        
Class of security:            Ordinary shares                                   
Nature of transaction:        Purchase (on behalf of son)                       
Number of shares:             324                                               
Date of transaction:          3 October 2003                                    
Purchase price:               901 cents per share                               
Total value of transaction:   R2 919.24                                         
Nature and extent of                                                            
director"s interest:          Indirect / Non-beneficial                         
Sandton                                                                         
7 October 2003                                                                  
Merchant Bank and Sponsor:                                                      
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 07/10/2003 02:21:41 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department