Dealings in securities by a director 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”) DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY In terms of section 3.63 of the Listings Requirements of the JSE Limited (“Listings Requirements”), Master Drilling shareholders are advised of the following dealings in securities by directors: Name of Director: Fred George Dixon (alternate director) Class of securities: Ordinary shares Nature of interest: Direct Beneficial Nature of transaction: On market purchase of ordinary shares Clearance to trade: No Date of transaction: 25 February 2020 Number of shares 5 000 Price per share: R9.50 Total value: R47 500.00 Date of transaction: 28 February 2020 Number of shares 20 000 Price per share: R9.50 Total value: R190 000.00 Date of transaction: 2 March 2020 Number of shares 23 580 Price per share: R9.50 Total value: R224 010.00 Date of transaction: 3 March 2020 Number of shares 7 950 Price per share: R9.50 Total value: R75 525.00 Date of transaction: 9 March 2020 Number of shares 48 470 Price per share: R9.50 Total value: R460 465.00 Fochville 10 March 2020 Sponsor Investec Bank Limited Date: 10-03-2020 11:30:00 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.