MASTER DRILLING GROUP LIMITED - Further Trading Statement

Further 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”)

Further 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.

Further to the trading statement of 29 November 2021, shareholders are advised that the Company’s:

    -   Earnings per share (“EPS”) for the year ended 31 December 2021 (“current period”) in ZAR
        terms are expected to be between 203,80 and 207,40 cents per share compared to the EPS of
        36,30 cents per share for the year ended 31 December 2020 (“comparative period”), which is
        between 461,4% and 471,4% higher than the EPS for the comparative period as reported in
        ZAR; and
    -   Headline earnings per share (“HEPS”) for the current period are expected to be between 199,10
        and 203,30 cents per share compared to the HEPS of 42,60 cents per share for the comparative
        period, which is between 367,3% and 377,3% higher than the HEPS for the comparative period
        as reported in ZAR.

Shareholders are also advised that the Company’s:

    -   EPS for the current period in USD terms are expected to be between 13.80 and 14.00 cents
        per share compared to the EPS of 2.20 cents per share for the comparative period, which is
        between 526,8% and 536,8% higher than the EPS for the comparative period as reported in
        USD; and
    -   HEPS for the current period are expected to be between 13.50 and 13.70 cents per share
        compared to the HEPS of 2.60 cents per share for the comparative period, which is between
        418,1% higher and 428,1% 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 full year results are expected to be released on SENS
on or about Wednesday, 22 March 2022.


Fochville
14 March 2022

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

Date: 14-03-2022 02:42:00
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