Discovery Holdings Limited - Dealings In Securities By Directors

Discovery Holdings Limited - Dealings In Securities By Directors                
DISCOVERY HOLDINGS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1999/007789/06)                                           
ISIN: ZAE000022331                                                              
Share Code: DSY                                                                 
("Discovery")                                                                   
In compliance with the JSE Securities Exchange South Africa Listings            
Requirements, the following information is disclosed:                           
Director                 : Mr. B Swartzberg                                     
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                         
Number of shares                                                                
delivery taken for       : 87 500                                               
Nature and extent of                                                            
director"s interest      : Direct beneficial                                    
Clearance obtained       : Yes                                                  
Sale details             :                                                      
Date           Number          Price(c)        Value(R)                         
01 June 2005   87 500 shares   2191.98         1 917 982.89                     
Director                 : Mr. N Koopowitz                                      
Nature of transaction    : Delivery of shares in terms of Discovery Share       
                           Incentive Scheme and subsequent  partial sale of     
                           ordinary shares                                      
Option Strike Price      : R10.83 issued on 31 May 2000                         
Number of shares                                                                
delivery taken for       : 87 500                                               
Nature and extent of                                                            
director"s interest      : Direct beneficial                                    
Clearance obtained       : Yes                                                  
Sale details         :                                                          
Date           Number          Price(c)        Value(R)                         
01 June 2005   43 750 shares          2191.08  958 596.39                       
Director                 : Mr. A Gore                                           
Nature of transaction    : Delivery of shares in terms of Discovery Share       
                           Incentive Scheme                                     
Date of transaction      : 01 June 2005                                         
Option Strike Price      : R10.83 issued on 31 May 2000                         
Number of shares                                                                
delivery taken for       : 350 000                                              
Total value of                                                                  
Transaction              : R3 790 500.00                                        
Nature and extent of                                                            
director"s interest      : Direct beneficial                                    
Clearance obtained       : Yes                                                  
Director                 : Mr. J Robertson                                      
Nature of transaction    : Delivery of shares in terms of Discovery Share       
                           Incentive Scheme                                     
Date of transaction      : 01 June 2005                                         
Option Strike Price      : R10.83 issued on 31 May 2000                         
Number of shares                                                                
delivery taken for       : 150 000                                              
Total value of                                                                  
Transaction              : R1 624 500.00                                        
Nature and extent of                                                            
director"s interest      : Direct beneficial                                    
Clearance obtained       : Yes                                                  
Director                 : Mr. S Whyte                                          
Nature of transaction    : Delivery of shares in terms of Discovery Share       
                           Incentive Scheme                                     
Date of transaction      : 01 June 2005                                         
Option Strike Price      : R10.83 issued on 31 May 2000                         
Number of shares                                                                
delivery taken for       : 350 000                                              
Total value of                                                                  
Transaction              : R3 790 500.00                                        
Nature and extent of                                                            
director"s interest      : Direct beneficial                                    
Clearance obtained       : Yes                                                  
Sandton                                                                         
06 June 2005                                                                    
Sponsor                                                                         
RAND MERCHANT BANK                                                              
(A division of FirstRand Bank Limited)                                          
Date: 06/06/2005 03:45:33 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department