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) Date: 30/10/2013 03:35:00 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.