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 Shareholders are advised that the Company’s earnings per share (“EPS”) for the six month period ended 30 June 2016 (“current period”) in ZAR terms are expected to be between 93,70 and 101,10 cents per share compared to the EPS of 74,80 cents per share for the six month period ended 30 June 2015 (“comparative period”), which is between 25% and 35% higher than the EPS of the comparative period. Headline earnings per share (“HEPS”) for the current period are expected to be between 93,90 and 101,40 cents per share compared to the HEPS of 75,00 cents per share for the comparative period, which is between 25% and 35% higher than the HEPS for the comparative period. Shareholders are advised that the Company’s EPS for the current period in USD terms are expected to be between 6.00 and 6.60 cents per share compared to the EPS of 6.30 cents per share for the comparative period, which is between 5% lower and 5% higher than the EPS of the comparative period. HEPS for the current period are expected to be between 6.00 and 6.60 cents per share compared to the HEPS of 6.30 cents per share for the comparative period, which is between 5% lower and 5% higher than the HEPS for the comparative period. 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 interim results are expected to be released on SENS on or about 6 September 2016. Fochville 23 August 2016 Sponsor Investec Bank Limited Date: 23/08/2016 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.