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MASTER DRILLING GROUP LIMITED - Trading Statement

Release Date: 16/03/2017 12:10
Code(s): MDI     PDF:  
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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 corresponding
prior period.

Shareholders are advised that the Company’s earnings per share (“EPS”) for the year ended 31
December 2016 (“current period”) in ZAR terms are expected to be between 201,40 and 218,60 cents
per share compared to the EPS of 172,00 cents per share for the year ended 31 December 2015
(“comparative period”), which is between 17,1% and 27,1% 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 201,10 and 218,70 cents per share compared to the HEPS of 175,90 cents per share
for the comparative period, which is between 14,3% and 24,3% 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 13.60 and 15.00 cents per share compared to the EPS of 13.50 cents per share for the
comparative period, which is between 0,9% and 10,9% higher than the EPS of the comparative period
as reported in USD. HEPS in USD for the current period are expected to be between 13.60 and 15.00
cents per share compared to the HEPS of 13.80 cents per share for the comparative period, which is
between 1,5% lower and 8,5% 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 year-end results are expected to be released on
SENS on or about Wednesday, 22 March 2017.

Fochville
16 March 2017

Sponsor
Investec Bank Limited (acting through its Corporate and Investment Banking division)

Date: 16/03/2017 12:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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