Master Drilling Group Limited (JSE:MDI) News - 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”)

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 certain 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.

Shareholders are advised that the Company’s earnings per share (“EPS”) for the 6 months ended
30 June 2022 (“current period”) in ZAR terms are expected to be between 128,40 and 145,80 cents per
share compared to the EPS of 87,20 cents per share for the 6 months ended 30 June 2021
(“comparative period”), which is between 47,2% and 67,2% higher than the EPS of the comparative
period as reported in ZAR. Headline earnings per share (“HEPS”) for the current period are expected
to be between 126,90 and 144,30 cents per share compared to the HEPS of 87,20 cents per share for
the comparative period, which is between 45,5% and 65,5% higher than the HEPS for 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 8.30 and 9.50 cents per share compared to the EPS of 6.00 cents per share
for the comparative period, which is between 38.3% and 58.3% higher than the EPS in the comparative
period as reported in USD. HEPS for the current period are expected to be between 8.20 and 9.40
cents per share compared to the HEPS of 6.00 cents per share for the comparative period, which is
between 36.7% and 56.7% 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
on by the Company’s auditors. Master Drilling’s interim results are expected to be released on SENS
on or about Tuesday, 30 August 2022.

Fochville
5 August 2022

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

Date: 05-08-2022 02:35:00
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