DISCOVERY LIMITED - Interim preference share cash dividend declaration

Interim preference share cash dividend declaration

Discovery Limited
(Incorporated in the Republic of South Africa)
Registration number: 1999/007789/06
Legal Entity Identifier: 378900245A26169C8132
Company tax reference number: 9652/003/71/7
Share code: DSBP
ISIN: ZAE000158564
("the Company")

INTERIM PREFERENCE SHARE CASH DIVIDEND DECLARATION

Notice is hereby given that, on 14 February 2020, the directors declared an interim
gross cash dividend of 505.41097 cents (404.32878 cents net of dividend withholding
tax) per B preference share for the period 1 July 2019 to 31 December 2019, 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, 10   March   2020
Shares commence trading "ex" dividend                   Wednesday, 11   March   2020
Record date                                                Friday, 13   March   2020
Payment date                                               Monday, 16   March   2020

B preference share certificates may not be dematerialised or rematerialised between
Wednesday, 11 March 2020 and Friday, 13 March 2020, both days inclusive.

Sandton
17 February 2020

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 17-02-2020 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.