DISCOVERY HOLDINGS LIMITED - DEALING IN SECURITIES BY A DIRECTOR

DISCOVERY HOLDINGS LIMITED - DEALING IN SECURITIES BY A DIRECTOR                
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. J M Robertson                                
Class of security           :  Ordinary shares                                  
Nature of transaction       :  Sale                                             
Number of shares            :  28 000                                           
Date of transaction         :  04 November 2004                                 
Selling price               :  R16.60 per ordinary share                        
Total value of transaction  :  R464 800.00                                      
Nature and extent of                                                            
director"s interest         :  Indirect non-beneficial                          
Clearance obtained          :  Yes                                              
Sandton                                                                         
08 November 2004                                                                
Merchant Bank and Sponsor                                                       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 08/11/2004 10:17:31 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department