Dealings in securities by Directors of the Company 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 The Chief Financial Officer of Master Drilling, Andre Jean Van Deventer (Van Deventer), is undertaking a process to rearrange the ownership of a portion of his interest in Master Drilling, but with no change in the total of his direct and indirect holding in the Company. In compliance with the JSE Limited Listings Requirements the following information is disclosed: Name of director Andre Jean van Deventer (Van Deventer) Name of company Master Drilling Group Limited Date transaction was effected 3 April 2020 Class of security Ordinary shares Deemed share price R6,60 Number of shares 727 648 Deemed value of transaction R4 802 476,80 Nature of transaction Off market transfer of ordinary shares. Van Deventer has transferred 727 648 Master Drilling Group Limited shares to his investment company, Vandev Investments (Pty) Ltd. Nature of interest Change from direct beneficial interest to indirect beneficial interest Clearance in terms of paragraph 3.66 of the Listings Requirements has been obtained. Fochville 6 April 2020 Sponsor Investec Bank Limited Date: 06-04-2020 02:11:00 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.