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 6 November 2013 4 822 R83.30 R401 672.60 7 November 2013 10 261 R83.32 R854 935.1 8 November 2013 61 200 R82.69 R5 060 732.00 11 November 2013 6 500 R81.86 R532 073.57 12 November 2013 4 800 R82.50 R396 000.00 13 November 2013 24 000 R82.17 R1 972 000.00 14 November 2013 31 980 R82.22 R2 629 436.10 15 November 2013 6 344 R82.19 R521 442.48 6 November 2013 4 700 R81.71 R384 025.25 Sandton 20 November 2013 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 20/11/2013 09:35:00 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.