Discovery - Dealings in securities by a director

Discovery - 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. Neville Koopowitz                      
Company                            : Discovery Holdings Limited                 
Nature of transaction              : Delivery of ordinary shares in terms of    
                                     Discovery Share Incentive Scheme           
Date of transaction                : 24 October 2006                            
Number of shares                                                                
delivery taken for                 : 250 000 @ R7.80 per share                  
Total value of transaction         : R1 950 000                                 
Nature and extent of                                                            
director"s interest                : Direct beneficial                          
Clearance obtained                 : Yes                                        
Sandton                                                                         
25 October 2006                                                                 
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 25/10/2006 11:18:13 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department