MASTER DRILLING GROUP LTD - Dealings by directors

Dealings by directors

Master Drilling Group Limited

(Formerly Nicaud Companies 124 (Pty) Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2011/008265/06)
JSE share code: MDI ISIN: ZAE000171948

(“Master Drilling” or the “Company”)

DIRECTORS DEALING

Shareholders are advised that Danie Pretorius has agreed to
dispose of 466 842 shares in the Company in equal amounts to
Andre van Deventer, Koos Jordaan and Gary Sheppard.

In compliance with paragraph 3.63 to 3.74 of the JSE Limited
Listings Requirements, the following information is disclosed:



Name of director:        Mr D C Pretorius

Designation:             Chief Executive Officer

Date of transaction:     29 October 2013

Class of securities:     Ordinary shares

Price:                   1057 cents per share

Number of securities:    466 842

Total value:             R4 934 519.94

Nature of interest:      Indirect beneficial

Nature of                Disposal of securities – Off
transaction:             Market Trade in terms of the
                         agreement dated 29 October 2013.
                         The shares are held through Master
                         Drilling (Pty) Limited.

Clearance obtained:      Yes
Name of director:       Mr AJ van Deventer

Designation:            Executive Director

Date of transaction:    29 October 2013

Class of securities:    Ordinary shares

Price:                  1057 cents per share

Number of securities:   155 614

Total value:            R1 644 839.98

Nature of interest:     Indirect beneficial

Nature of               Acquisition of securities – Off
transaction:            Market Trade in terms of the
                        agreement dated 29 October 2013.
                        The shares are held through Master
                        Drilling (Pty) Limited.

Clearance obtained:     Yes



Name of director:       Mr GR Sheppard

Designation:            Executive Director

Date of transaction:    29 October 2013

Class of securities:    Ordinary shares

Price:                  1057 cents per share

Number of securities:   155 614

Total value:            R1 644 839.98

Nature of interest:     Indirect beneficial

Nature of               Acquisition of securities – Off
transaction:            Market Trade in terms of the
                        agreement dated 29 October 2013.
                        The shares are held through Master
                        Drilling (Pty) Limited.

Clearance obtained:     Yes
Name of director:       Mr BJ Jordaan

Designation:            Executive Director

Date of transaction:    29 October 2013

Class of securities:    Ordinary shares

Price:                  1057 cents per share

Number of securities:   155 614

Total value:            R1 644 839.98

Nature of interest:     Indirect beneficial

Nature of               Acquisition of securities – Off
transaction:            Market Trade in terms of the
                        agreement dated 29 October 2013.
                        The shares are held through Master
                        Drilling (Pty) Limited.

Clearance obtained:     Yes

30 October 2013

Sponsor:

Sasfin Capital (a division of Sasfin Bank Limited)

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