MDI - Integerated Annual Report and Notice of AGM 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” or the “Group”) INTEGRATED ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING 1. Integrated Annual Report Master Drilling shareholders are advised that the Integrated Annual Report of the Company for the year ended 31 December 2014 (“Integrated Annual Report”), which incorporates the audited summarised consolidated annual financial statements and the notice of the annual general meeting, has been distributed to Master Drilling shareholders today, 30 June 2015. The Integrated Annual Report and the full set of the audited Group annual financial statements are also available on the Company’s website (www.masterdrilling.com). The audited summarised consolidated annual financial statements contain no changes to the abridged consolidated annual audited results for the year ended 31 December 2014 released on the Stock Exchange News Service of the JSE Limited on 30 March 2015. The annual financial statements are audited by Grant Thornton whose unqualified audit report is contained in the Integrated Annual Report and is also available on www.masterdrilling.com. 2. Notice of Annual General Meeting Notice is hereby given that the Third Annual General Meeting of Master Drilling will be held (subject to any adjournment, postponement or cancellation thereof) at Grant Thornton offices, Wanderers Office Park, 52 Corlett Drive, Illovo, Johannesburg on Thursday, 23 July 2015 at 09h00, to transact the business as stated in the Annual General Meeting notice contained in the Integrated Report 3. Record dates, voting and proxies The Board of Directors of the Company (“Board”) has determined, in accordance with sections 59(1) (a) and (b) of the Companies Act, that: - the record date for the purposes of receiving notice of the Annual General Meeting (being the date on which a shareholder must be registered in the Company’s register of shareholders in order to receive notice of the Annual General Meeting), shall be the close of business on Friday, 19 June 2015 (Notice Record Date); - the record date for the purposes of participating in and voting at the annual general meeting (being the date on which a shareholder must be registered in the Company’s register of shareholders in order to participate in and vote at the Annual General Meeting), shall be the close of business on Friday, 17 July 2015 (Voting Record Date), and; - the last day to trade for purposes of participating in and voting at the Annual General Meeting shall be the close of business on Friday, 10 July 2015; - the date by which forms of proxy for the Annual General Meeting should be lodged for administrative purposes shall be 09h30 on Tuesday, 21 July 2015. Fochville 30 June 2015 Sponsor Absa Bank Limited (acting through its Corporate and Investment Banking division) Date: 30/06/2015 07:05:00 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.