DISCOVERY LIMITED - Disclosure of significant holding of Discovery Limited B-Preference shares

Disclosure of significant holding of Discovery Limited B-Preference shares

Discovery Limited
(Incorporated in the Republic of South Africa)
Registration number: 1999/007789/06
Share code: DSBP
ISIN: ZAE000158564
(‘the Company’)

DISCLOSURE OF SIGNIFICANT HOLDING OF DISCOVERY LIMITED B-PREFERENCE SHARES

In accordance with paragraph 3.83 of the JSE Limited Listings Requirements and Section 122 of the Companies Act 2008,
shareholders are advised of the following:

In respect of Company’s issued B-Preference shares (“B-Prefs”), Coronation Asset Management (Pty) Ltd (‘Coronation’) has
notified the Company that accounts under its management have decreased their holding in the Company’s B-Prefs from
5.82% to 3.83% of the issued B Prefs share capital.

As required in terms of the Companies Act 2008, the Company has filed the required notices with the Takeover Regulation
Panel.

Sandton
10 September 2019

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

Date: 10/09/2019 08:14:00
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.