DSY - Discovery - Dealing In Securities By A Director

DSY - Discovery - 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                                                                 
("Discovery")                                                                   
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Director:                        NS Koopowitz                                   
Company:                         Discovery Holdings Limited                     
                                                                                
Date of transaction:             14 October 2008                                
Nature of transaction:           Delivery of shares in terms of the             
Discovery Share Incentive Scheme                

Class of securities:             Ordinary shares                                
Number of shares delivered:      250 000                                        
Delivery price:                  R14.40                                         
Value of transaction:            R3 600 000.00                                  
                                                                                
Date of transaction:             14 October 2008                                
Nature of transaction:           Sale of securities                             
Class of securities:             Ordinary shares                                
Number of shares sold:           250 000                                        
Selling price:                   2400.02 cents per share                        
Value of transaction:            R6 000 050.00                                  


Date of transaction:             14 October 2008                                
Nature of transaction:           Sale of securities                             
Class of securities:             Ordinary shares                                
Number of securities:            100 000                                        
Selling price:                   2402.46 cents per share                        
Value of transaction:            R2 402 460.00                                  
                                                                                
Date of transaction:             15 October 2008                                
Nature of transaction:           Sale of securities                             
Class of securities:             Ordinary shares                                
Number of securities and         15 000 @ 2390 cents per share                  
selling prices:                  15 000 @ 2400 cents per share                  
                                   568 @ 2422 cents per share                   
                                 6 022 @ 2423 cents per share                   
                                11 809 @ 2424 cents per share                   
5 991 @ 2427 cents per share                   

                                 2 599 @ 2428 cents per share                   
                                 3 011 @ 2429 cents per share                   
                                10 000 @ 2430 cents per share                   
10 000 @ 2440 cents per share                   

                                                                                
Value of transaction:            R1 933 062.00                                  
                                                                                
Nature of interests:             Direct beneficial                              
Clearance obtained for all                                                      
transactions :                   Yes                                            
Sandton                                                                         
16 October 2008                                                                 
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 16/10/2008 16:00:02 Supplied by www.sharenet.co.za                     
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