Revised 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”) Revised Trading Statement Further to the Trading Statement published on the SENS on the 8th June 2020. Shareholders are advised that the Company’s earnings per share (“EPS”) for the 6 months ending 30 June 2020 (“current period”) in ZAR terms are expected to be between 46,20 and 53,80 cents per share compared to the EPS of 76,70 cents per share for the 6 months ended 30 June 2019 (“comparative period”), which is between 29,8% and 39,8% lower than the EPS of the comparative period as reported in ZAR while the headline earnings per share (“HEPS”) are expected to be between 49,50 and 57,20 cents per share compared to the HEPS of 76,70 cents per share for the 6 months ended 30 June 2019 (“comparative period”), which is between 25,5% and 35,5% lower than the HEPS of the comparative period as reported in ZAR. Shareholders are further advised that the Company’s EPS for the current period in USD terms are expected to be between 2.70 and 3.30 cents per share compared to the EPS of 5.40 cents per share for the comparative period, which is between 39,4% and 49,4% lower than the EPS of the comparative period as reported in USD while the HEPS are expected to be between 2.90 and 3.50 cents per share compared to the HEPS of 5.40 cents per share for the comparative period, which is between 35,7% and 45,7% lower than the HEPS in the comparative period as reported in USD. The financial information on which this trading statement is based has not been reviewed or reported on by the Company’s auditors. Master Drilling’s interim results are expected to be released on SENS on or about Tuesday, 25 August 2020. Fochville 14 August 2020 Sponsor Investec Bank Limited Date: 14-08-2020 07:05:00 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.