Discovery Holdings Limited - Dealing In Securities By Directors

Discovery Holdings Limited - Dealing In Securities By Directors                 
DISCOVERY HOLDINGS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number : 1999/007789/06)                                          
ISIN  : ZAE000022331                                                            
Share Code : DSY                                                                
In compliance with rule 3.63 to 3.74 of the JSE Securities Exchange South Africa
Listings Requirements, the following information is disclosed:                  
Director                           :  Mr. H P Mayers                            
Class of security                  :  Ordinary shares                           
Nature of transaction              :  Sale                                      
Number of shares                   :  215 398                                   
Date of transaction                :  8 September 2004                          
Sale price                         :  Average price of R14.417921 per share     
Total value of transaction         :  R3 105 591.00                             
Nature and extent of                                                            
director"s interest                :  Indirect beneficial                       
Clearance given                    :  Yes                                       
Director                           :  Mr. B Swartzberg                          
Class of security                  :  Ordinary shares                           
Nature of transaction              :  Sale                                      
Number of shares                   :  179 499                                   
Date of transaction                :  8 September 2004                          
Sale price                         :  Average price of R14.417921 per share     
Total value of transaction         :  R2 588 002.00                             
Nature and extent of                                                            
director"s interest                :  Direct beneficial                         
Clearance given                    :  Yes                                       
Director                           :  Mr. B Swartzberg                          
Class of security                  :  Ordinary shares                           
Nature of transaction              :  Sale                                      
Number of shares                   :  89 749                                    
Date of transaction                :  8 September 2004                          
Sale price                         :  Average price of R14.417921 per share     
Total value of transaction         :  R1 293 982.00                             
Nature and extent of                                                            
director"s interest                :  Indirect beneficial                       
Clearance given                    :  Yes                                       
Director                           :  Mr. N S Koopowitz                         
Class of security                  :  Ordinary shares                           
Nature of transaction              :  Sale                                      
Number of shares                   :  224 373                                   
Date of transaction                :  8 September 2004                          
Sale price                         :  Average price of R14.417921 per share     
Total value of transaction         :  R3 234 995.00                             
Nature and extent of                                                            
director"s interest                :  Indirect beneficial                       
Clearance given                    :  Yes                                       
Sandton                                                                         
8 September 2004                                                                
Merchant Bank and Sponsor                                                       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 08/09/2004 03:27:12 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department