DSY - Discovery Holdings Limited - Trading Statement

DSY - Discovery Holdings Limited - Trading Statement                            
Discovery Holdings Limited                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1999/007789/06)                                            
(Share code: DSY & ISIN: ZAE000022331)                                          
("Discovery" or "the Company")                                                  
TRADING STATEMENT                                                               
Discovery is currently finalising its results for the six months ended 31       
December 2006, which will be released on 22 February 2007. Excluding the effects
of the Black Economic Empowerment transaction ("BEE transaction"), earnings per 
share and headline earnings per share are expected to be between 20% and 35%    
higher than the corresponding reporting period of the previous year.            
Shareholders are advised that, after taking into account the IFRS impact of the 
BEE transaction on the current and corresponding previous reporting periods,    
earnings per share is expected to be between 95% and 115% higher and headline   
earnings per share is expected to be between 130% and 150% higher than the      
corresponding reporting period of the previous year.                            
The financial information on which this trading statement is based has not been 
reviewed and reported on by the Company`s auditors.                             
Sandton                                                                         
6 February 2007                                                                 
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 06/02/2007 09:00:01 Supplied by www.sharenet.co.za                     
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