Dealings in securities by a Director 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 A DIRECTOR 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 a director of the Company: Name of Director: Andre Jean van Deventer (Executive director) Associate: VANDEV Investments (Pty) Ltd Date of transaction: 19 October 2018 Class of securities: Ordinary shares Number of shares 62 200 Price per share: R 9.90 Total value: R 615 780.00 Nature of interest: Indirect Beneficial Nature of transaction: On market purchase of ordinary shares Name of Director: Andre Jean van Deventer (Executive director) Associate: Die van Deventer Familie Trust Date of transaction: 19 October 2018 Class of securities: Ordinary shares Number of shares 80 000 Price per share: R 9.90 Total value: R 792 000.00 Nature of interest: Indirect Beneficial Nature of transaction: On market purchase of ordinary shares Clearance in terms of paragraph 3.66 of the Listings Requirements has been obtained. Fochville 19 October 2018 Investment Bank and Sponsor Investec Bank Limited Date: 19/10/2018 02:15:00 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.