Discovery Holdings Limited - Dealings In Securities By A Director

Discovery Holdings Limited - Dealings 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 Robertson                                   
Nature of transaction    :    Delivery of shares in terms of                    
                              Discovery Share Incentive Scheme                  
and subsequent sale of ordinary                   

                              shares                                            
Option Strike Price        :    R10.83 issued on 31 May 2000                    
Nature and extent of                                                            
director"s interest      :    Direct beneficial                                 
Clearance obtained       :    Yes                                               
Transaction details      :                                                      
Date                    Number        Price(c)        Value(R)                  
13 May 2005      39 813 shares         2151.26      856 481.14                  
16 May 2005      70 488 shares         2110.67    1 487 769.07                  
Sandton                                                                         
17 May 2005                                                                     
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 17/05/2005 01:25:03 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department