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 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                   :  24 602                                    
Date of transaction                :  9 September 2004                          
Sale price                         :  Average price of R13.822893 per share     
Total value of transaction         :  R340 070.81                               
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                   :  20 501                                    
Date of transaction                :  9 September 2004                          
Sale price                         :  Average price of R13.822893 per share     
Total value of transaction         :  R283 383.13                               
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                   :  10 251                                    
Date of transaction                :  9 September 2004                          
Sale price                         :  Average price of R13.822893 per share     
Total value of transaction         :  R141 698.47                               
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                   :  25 627                                    
Date of transaction                :  9 September 2004                          
Sale price                         :  Average price of R13.822893 per share     
Total value of transaction         :  R354 239.27                               
Nature and extent of                                                            
director"s interest                :  Indirect beneficial                       
Clearance given                    :  Yes                                       
Sandton                                                                         
10 September 2004                                                               
Merchant Bank and Sponsor                                                       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 10/09/2004 04:23:05 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department