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                                                                 
("Discovery")                                                                   
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Director                           : Mr. H Mayers                               
Company                            : Discovery Holdings Limited                 
Nature of transaction              : Delivery of shares in terms of             
                                     Discovery Share Incentive Scheme           
Date of transaction                : 5 October 2006                             
Number of shares                                                                
delivery taken for                 : 75 000 @ R7.80 per share                   
                                     75 000 @ R7.20 per share                   
Total value of                                                                  
transaction                        : R1 125 000                                 
Nature and extent of                                                            
director"s interest                : Direct beneficial                          
Clearance obtained                 : Yes                                        
Sandton                                                                         
6 October 2006                                                                  
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 06/10/2006 09:24:02 AM Supplied by www.sharenet.co.za                     
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