The board of Master Drilling announced that Mr. Theophilus Timotheus De Wet will step down as Company Secretary with effect from 30 November 2015. The board has appointed Mr. Andrew Colin Beaven as Company Secretary to Master Drilling, with effect from 1 December 2015. Mr. Beaven is a practicing attorney and partner at Beaven Attorneys.

Having considered the skills, experience and expertise of Mr. Beaven, as well as his independence and his arm's length relationship with the Board and the Company, the Board is satisfied that Mr. Beaven is suitably qualified to act in this role.