DSY - Discovery - Disclosure Of Dealing In Securities By Director

DSY - Discovery - Disclosure Of Dealing In Securities By Director               
DISCOVERY HOLDINGS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1999/007789/06)                                           
ISIN: ZAE000022331                                                              
Share Code: DSY                                                                 
("Discovery")                                                                   
DISCLOSURE OF DEALING IN SECURITIES BY DIRECTOR                                 
Shareholders are referred to the Circular to Shareholders, dated 15 November    
2005, relating to the Black Economic Empowerment ("BEE") transaction. In terms  
of the BEE agreement, the BEE parties are required to utilise all distributions 
to acquire additional Discovery shares in the market. Shareholders are          
accordingly advised of the following purchase of Discovery ordinary shares by   
one of Discovery`s directors, Dr. TV Maphai, through his investment vehicle,    
Elderberry Investments 71 (Proprietary) Limited, which forms part of Discovery`s
BEE partners:                                                                   
Date of           Number of      Purchase price Transaction value               
transaction       shares         (R)            (R)                             
20 April 2007     5 650          32.61          184 246.50                      
Nature of interest  :    Indirect beneficial                                    
Clearance obtained  :    Yes                                                    
Sandton                                                                         
23 April 2007                                                                   
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 23/04/2007 14:26:50 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.