Final preference share dividend declaration Discovery Limited (Incorporated in the Republic of South Africa) Registration number: 1999/007789/06 Company tax reference number: 9652/003/71/7 Preference share code: DSBP Ordinary share code: DSY ISIN: ZAE000158564 ("the Company") FINAL PREFERENCE SHARE DIVIDEND DECLARATION Notice is hereby given that the directors have declared a final gross cash dividend of 520.68493 cents (416.54794 cents net of dividend withholding tax) per B preference share for the period 1 January 2017 to 30 June 2017, payable from the income reserves of the Company. A dividend withholding tax of 20% will be applicable to all preference shareholders who are not exempt. The issued preference share capital at the declaration date is 8 million B preference shares. The salient dates for the dividend will be as follows: Last day of trade to receive a dividend Tuesday, 12 September 2017 Shares commence trading "ex" dividend Wednesday, 13 September 2017 Record date Friday, 15 September 2017 Payment date Monday, 18 September 2017 B Preference share certificates may not be dematerialised or rematerialised between Wednesday, 13 September 2017 and Friday, 15 September 2017, both days inclusive. Sandton 25 August 2017 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 25/08/2017 04:10:00 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.