MDI - Trading Statement 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”) Trading Statement In terms of the Listings Requirements of the JSE Limited relating to trading statements, a listed company is required to publish a trading statement as soon as it becomes reasonably aware that the financial results for the next period to be reported on will differ by at least 20% from those of the previous corresponding period. Shareholders are advised that the Company’s earnings per share (“EPS”) for the year ended 31 December 2014 (“current period”) in ZAR terms are expected to be between 120.30 and 139.90 cents per share compared to the EPS of 98.40 cents per share for the year ended 31 December 2013 (“comparative period”), which is between 22% and 42% higher than the EPS of the comparative period as reported in ZAR. Headline earnings per share (“HEPS”) for the current period are expected to be between 129.70 and 149.50 cents per share compared to the HEPS of 99.30 cents per share for the comparative period, which is between 31% and 51% higher than the HEPS for the comparative period as reported in ZAR. Shareholders are advised that the Company’s EPS for the current period in USD terms are expected to be between 11.00 and 13.00 cents per share compared to the EPS of 10.20 cents per share for the comparative period, which is between 8% and 28% higher than the EPS of the comparative period as reported in USD. HEPS for the current period are expected to be between 11.90 and 13.90 cents per share compared to the HEPS of 10.30 cents per share for the comparative period, which is between 15% and 35% higher than the HEPS for the comparative period as reported in USD. The financial information on which this trading statement is based has not been reviewed or reported upon by the Company’s auditors. Master Drilling’s year-end results are expected to be released on SENS on or about Monday, 30 March 2015. Fochville 23 March 2015 Sponsor Absa Bank Limited (acting through its Corporate and Investment Banking division) Date: 23/03/2015 04:35:00 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.