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DSY - Discovery - PruHealth Results

Release Date: 14/05/2009 13:27
Code(s): DSY
Wrap Text

DSY - Discovery - PruHealth Results DISCOVERY HOLDINGS LIMITED (Registration number 1999/007789/06) (Incorporated in the Republic of South Africa) JSE share code: DSY ISIN: ZAE000022331 ("Discovery" or "the Company") PRUHEALTH RESULTS Shareholders are referred to the quarterly results for Prudential plc released today, which contains the following information in respect of PruHealth, Discovery`s joint venture with Prudential: The PruHealth business continues to grow and as at 31st March 2009 covered 192,000 lives, up 25 per cent over the last year. New business annual premium income for the quarter is GBP4m (100%) in respect of fully insured groups and GBP4m (100%) in respect of trust business. The combined result of GBP8.0m was 8% up on the March 2008 quarter despite the harsh economic environment. Shareholders are advised further that during April 2009, PruHealth passed the 200,000 lives milestone. Sandton 14 May 2009 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Attorneys to Discovery Edward Nathan Sonnenbergs Inc. Date: 14/05/2009 13:27:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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