Voluntary disclosure of dealings in securities by a bee partner DISCOVERY HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1999/007789/06) ISIN: ZAE000022331 Share Code: DSY ("Discovery") VOLUNTARY DISCLOSURE OF DEALINGS IN SECURITIES BY A BEE PARTNER Shareholders are referred to the Circular to Shareholders, dated 15 November 2005, relating to the Black Economic Empowerment ("BEE") transaction, which requires the BEE parties to utilise all distributions to acquire additional ordinary shares in Discovery in the market. Shareholders are accordingly advised of the following purchases of Discovery ordinary shares by one of Discovery’s BEE partners, WDB Discovery Investments (Pty) Limited: Date Number of shares Average price Total value 17 April 2013 25 000 R78.85 R1 971 224.50 18 April 2013 21 727 R79.00 R1 716 424.24 22 April 2013 30 000 R78.84 R2 365 290.87 23 April 2013 13 000 R78.25 R1 017 250.00 24 April 2013 4 000 R79.00 R316 000.00 29 April 2013 1 991 R79.10 R157 488.10 30 April 2013 2 000 R79.80 R159 600.00 2 May 2013 10 000 R81.13 R811 320.72 3 May 2013 15 000 R84.06 R1 260 936.00 6 May 2013 24 722 R85.19 R2 106 283.34 Sandton 8 May 2013 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 08/05/2013 09:05:00 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.