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 Limited Listings Requirements, the following         
information is disclosed:                                                       
Director:                          Neville Koopowitz                            
Company:                           Discovery Holdings Limited                   
Date of transaction:               31 October 2006                              
Nature of transaction:             Sale of securities                           
Class of securities:               Ordinary shares                              
Number of securities:              250 000                                      
Selling price:                     R23.8057                                     
Total value of transaction:        R5 951 425                                   
Director"s interest:               Direct beneficial                            
Clearance obtained:                Yes                                          
Sandton                                                                         
1 November 2006                                                                 
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 01/11/2006 10:17:03 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department