Discovery - Voluntary disclosure of dealing in securities by BEE partner

Discovery - Voluntary disclosure of dealing in securities by BEE partner        
DISCOVERY HOLDINGS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1999/007789/06)                                           
ISIN: ZAE000022331                                                              
Share Code: DSY                                                                 
("Discovery")                                                                   
Shareholders are referred to the Circular to Shareholders, dated 15 November    
2005, relating to the Black Economic Empowerment ("BEE") transaction, which     
requires the BEE parties to utilise all distributions to acquire additional     
shares in Discovery in the market. Shareholders are accordingly advised of the  
following purchases of Discovery ordinary shares by one of Discovery"s BEE      
partners, WDB Discovery Investments (Pty) Limited ("WDB Investments"):          
Date of            Number of     Purchase price Transaction value               
transaction        shares        (R)            (R)                             
2 November 2006    80 047        24.00          1 921 128.00                    
2 November 2006    10 000        24.01            240 100.00                    
3 November 2006    55 294        24.00          1 327 056.00                    
7 November 2006    16 000        24.40            390 400.00                    
8 November 2006    30 659        24.50            751 145.50                    
9 November 2006     3 950        24.50             96 775.00                    
Sandton                                                                         
9 November 2006                                                                 
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 09/11/2006 02:30:07 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department