Correction announcement: dealings in securities by a director DISCOVERY LIMITED (Incorporated in the Republic of South Africa) (Registration number 1999/007789/06) JSE share code: DSY ISIN: ZAE000022331 (“Discovery”) CORRECTION ANNOUNCEMENT: DEALINGS IN SECURITIES BY A DIRECTOR Shareholders are referred to the announcement released on the Stock Exchange News Service this morning at 10h11 regarding hedging transactions entered into by Mr Barry Swartzberg over a portion of his shareholding in Discovery (“initial announcement”). Shareholders are advised that the initial announcement erroneously referred to the PURCHASE of cash-settled European call options by Mr Swartzberg. The nature of the transactions entered into by Mr Swartzberg is, in fact, a SALE of cash-settled European call options. The remainder of the information contained in the initial announcement is correct, and is disclosed again hereunder: Director : Mr Barry Swartzberg Company : Discovery Limited Date of transactions : 29 October 2018 Class of securities : Options over Discovery ordinary shares Nature of interest : Indirect beneficial On market / off market : Off market Clearance obtained : Yes Transaction 1 Nature of transaction : Purchase of cash-settled European put options with a strike price of R 94.3750 per share Exercise Dates : Every Tuesday and Thursday from 6 September 2022 to 15 December 2022 (30 equally weighted tranches) Number of options : 3,000,000 Initial Price per share : R 151.000 Notional value of transaction : R 283,125,000 Transaction 2 Nature of transaction : Purchase of cash-settled European put options with a strike price of R 117.0250 per share Exercise Dates : Every Tuesday and Thursday from 6 September 2022 to 15 December 2022 (30 equally weighted tranches) Number of options : 3,000,000 Initial Price per share : R 151.00 Notional value of transaction : R 351,075,000 Transaction 3 Nature of transaction : SALE of cash-settled European call options with a strike price of R 269.5350 per share Exercise Dates : Every Tuesday and Thursday from 6 September 2022 to 15 December 2022 (30 equally weighted tranches) Number of options : 3,000,000 Initial Price per share : R 151.00 Notional value of transaction : R 808,605,000 Transaction 4 Nature of transaction : SALE of cash-settled European call options with a strike price of R 292.1850 per share Exercise Dates : Every Tuesday and Thursday from 6 September 2022 to 15 December 2022 (30 equally weighted tranches) Number of options : 3,000,000 Initial Price per share : R 151.00 Notional value of transaction : R 876,555,000 Sandton 2 November 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 02/11/2018 01:55:00 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.