MASTER DRILLING GROUP LIMITED - Changes To The Board (Resignation Of Directors)

Changes To The Board (Resignation Of Directors)

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”)



CHANGES TO THE BOARD (RESIGNATION OF DIRECTORS)

In compliance with paragraph 3.59(b) of the JSE Limited Listings Requirements, the following
information is provided:

Jacques Pierre de Wet (“Jacques”) and Johan Louis Botha (“Johan”) have notified the board of directors
(“Board”) that they will retire at the Company’s Annual General Meeting (“AGM”) to be held on Thursday,
7th June 2018.

Jacques was a member of the Board since 2012, and further served as member of the Company’s
Social, Ethics and Sustainability Committee, Remuneration Committee, Risk Committee and
Nominations Committee. He also chaired the Company’s Audit Committee.

Johan was a member of the Board since 2015, and further served as a member of the Company’s
Audit Committee. He also chaired the Company’s Risk Committee and Social, Ethics and
Sustainability Committee.

The Board wishes to thank Jacques and Johan for their valuable contribution to the Company during
their tenure as members of the Board and its committees.

The Board will propose the election of successors in the place of the retiring directors to shareholders
at the Company’s AGM.


Fochville
13th April 2018



Sponsor
Investec Bank Limited

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