MASTER DRILLING GROUP LTD - Section 122 announcement

Section 122 announcement

Master Drilling Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 2011/008265/06)
JSE share code: MDI ISIN: ZAE000171948
(“Master Drilling” or the “Company”)


SECTION 122 NOTICE


In accordance with Section 3.83(b) of the JSE Listings Requirements, Master Drilling
hereby confirms that the Company has received a notice in terms of Section 122 of
the Companies Act, No. 71 of 2008.

Coronation Asset Management has informed Master Drilling that it has disposed of a
beneficial interest in the Company reducing its shareholding from 17.58% to 12.81%
of the issued ordinary share capital of the Company.

Johannesburg
23 September 2014

Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

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