Notice of annual general meeting of shareholders Discovery Limited (Incorporated in the Republic of South Africa) (Registration number 1999/007789/06 Share code: DSY and DSBP ISIN: ZAE000022331 and ISIN: ZAE000158564 (“Discovery” or “Company”) NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS Notice is hereby given that the annual general meeting of Discovery shareholders will be held at 14:00 on 29 November 2017 in the auditorium of the Company’s registered offices, ground floor, 155 West Street, Sandton to transact the business as stated in the notice of annual general meeting which was distributed today, together with the summarised consolidated financial statements for the year ended 30 June 2017 and which is also available on the Company’s website, www.discovery.co.za. The salient dates pertaining to the annual general meeting are as follows: 2017 Record date to determine which shareholders are entitled Friday 22 to receive the notice of annual general meeting September Last day to trade in order to be eligible to attend and Tuesday 14 vote at the annual general meeting November Record date to determine which shareholders are entitled Friday 17 to attend and vote at the annual general meeting November Forms of proxy for the annual general meeting to be Monday 27 lodged by 12:00 for administrative purposes on* November *any proxies not lodged by this time must be handed to the chairperson of the annual general meeting immediately prior to the annual general meeting. Sandton 29 September 2017 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 29/09/2017 03:53:00 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.