DSY - Discovery Holdings Limited - Prudential Interim Results 2007

DSY - Discovery Holdings Limited - Prudential Interim Results 2007              
Discovery Holdings Limited                                                      
Incorporated in the Republic of South Africa)                                   
(Registration number: 1999/007789/06)                                           
ISIN: ZAE000022331                                                              
Share Code: DSY                                                                 
("Discovery" or "the company")                                                  
Prudential Health Limited ("PruHealth") is Discovery`s joint venture in the     
United Kingdom, owned equally by Discovery and Prudential plc.                  
Shareholders are referred to the announcement by Prudential plc earlier today of
results for the six months ended 30 June 2007, which contains the following     
information in respect of PruHealth:                                            
"Market review and summary of strategy                                          
Through  PruHealth,  its  joint  venture  with Discovery, the leading South     
African  health  insurer,  Prudential  UK  is  building  a health insurance     
business which rewards those customers who lead healthier lives through the     
Vitality points  system. PruHealth is on track to meet its target of becoming a 
significant player in the private healthcare market with insured lives of more  
than 117,000 up 31 per cent on the 2006 year-end position.                      
The joint venture is being expanded to include Prudential UK`s protection       
product, expanding Vitality across both health and life insurance products later
in 2007.                                                                        
Financial Results and Performance                                               
PruHealth has continued to make encouraging progress during the first half of   
2007.  Gross  written  premiums  have  increased  by 91 per cent to GBP32       
million  compared  with  the  comparative  period  last year. PruHealth has     
extended  its  distribution  footprint through a partnership with Boots the     
Chemist,  and  quotes  and  applications  under  this  agreement  have been     
building steadily during the second quarter. Importantly, PruHealth`s lapse and 
claim ratios are in line with expectations."                                    
Further information in respect of PruHealth will be provided in Discovery`s     
results for the year ended 30 June 2007 to be released on 4 September 2007.     
Sandton                                                                         
01 August 2007                                                                  
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 01/08/2007 10:19:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.