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                                                                
In compliance with rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Director                      :  Neville Koopowitz                              
Company                       :  Discovery Holdings Limited                     
Class of security             :  Ordinary Shares                                
Nature of transaction         :  Sale                                           
Number of shares              :  10 000                                         
Date of transaction           :  15 October 2003                                
Selling price                 :  R10.00 per share                               
Total value of transaction    :  R100 000                                       
Nature and extent of                                                            
director"s interest           :  Direct / Beneficial                            
Sandton                                                                         
17 October 2003                                                                 
Merchant Bank and Sponsor                                                       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 17/10/2003 12:03:13 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department