DSY01 and DSY02 - Listing of New Financial Instrument Discovery Limited (Incorporated in the Republic of South Africa) (Registration No. 1999/007789/06) Company code: DSYI Bond code: DSY01 ISIN: ZAG000148362 Bond code: DSY02 ISIN: ZAG000148347 (“Discovery”) LISTING OF NEW FINANCIAL INSTRUMENT The JSE Limited has granted Discovery approval for the listing of its Senior Unsecured Floating Rate Notes, in terms of its Domestic Medium Term Note Programme (“the Programme”) dated 14 November 2017, as guaranteed by Discovery Health Proprietary Limited and Discovery Vitality Proprietary Limited, effective 21 November 2017. Debt Security Code: DSY01 ISIN: ZAG000148362 Type of Debt Security: Floating Rate Notes Nominal Issued: ZAR 500 000 000.00 Issue Date: 21 November 2017 Issue Price: 100% Coupon Rate: 8.677% (3 Month JIBAR as at 16 November 2017 of 7.067% plus 161 bps) Interest Commencement Date: 21 November 2017 Interest Determination Dates: 21 February, 21 May, 21 August and 21 November, with the first interest determination date being 16 November 2017 First Interest Payment Date: 21 February 2018 Interest Payment Dates: 21 February, 21 May, 21 August and 21 November of each year until maturity Last Day to Register: By 17h00 on 10 February, 10 May, 10 August and 10 November of each year until maturity Books Close: 11 February, 11 May, 11 August and 11 November of each year until maturity Business Day Convention: Following Business Day Maturity Date: 21 November 2022 Final Maturity Amount: 100% of the Aggregate Nominal Amount Other: The pricing supplement does not contain additional terms and conditions or changes to the terms and conditions as contained in the Programme Summary of Additional Terms: Not Applicable Debt Security Code: DSY02 ISIN: ZAG000148347 Type of Debt Security: Floating Rate Notes Nominal Issued: ZAR 800 000 000.00 Issue Date: 21 November 2017 Issue Price: 100% Coupon Rate: 8.977% (3 Month JIBAR as at 16 November 2017 of 7.067% plus 191 bps) Interest Commencement Date: 21 November 2017 Interest Determination Dates: 21 February, 21 May, 21 August and 21 November, with the first interest determination date being 16 November 2017 First Interest Payment Date: 21 February 2018 Interest Payment Dates: 21 February, 21 May, 21 August and 21 November of each year until maturity Last Day to Register: By 17h00 on 10 February, 10 May, 10 August and 10 November of each year until maturity Books Close: 11 February, 11 May, 11 August and 11 November of each year until maturity Business Day Convention: Following Business Day Maturity Date: 21 November 2024 Final Maturity Amount: 100% of the Aggregate Nominal Amount Other: The pricing supplement does not contain additional terms and conditions or changes to the terms and conditions as contained in the Programme Summary of Additional Terms: Not Applicable Programme Amount: ZAR 10 000 000 000.00 Total Notes in Issue Under Programme: As at the date of this issue the Issuer has not issued any notes Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited The Notes will be immobilised in the Central Securities Depository and settlement will take place electronically in terms of JSE Rules. 20 November 2017 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 20/11/2017 05:05:00 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.