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FOR IMMEDIATE RELEASE 19 August 2021 Capital Limited ( “ Capital ” , the “ Group ” or the “ Company ” ) H1 Results CAPITAL Capital Limited ( CAPD : LN ) , a leading mining services company focused on the African markets , today announces half year results for the period 1 January to 30 June 2021 ( the " Period ” ) . HALF YEAR RESULTS FOR THE PERIOD ENDED 30 JUNE 2021 * Average Fleet Size ( No. of drill rigs ) Closing fleet size ( No. of drill rigs ) Rig Fleet Utilisation ( % ) ARPOR ( $ ) H1 2021 H1 2020 % Change from H1 2020 99 99 0.0 % 106 99 7.0 % 73 57 28.1 % 180,000 170,000 5.9 % Capex¹ ( $ m ) 27.7 7.0 295.7 % Revenue ( $ m ) 98.7 65.1 51.6 % EBITDA² ( $ m ) 28.4 15.4 84.4 % EBIT² ( $ m ) 20.2 9.6 110.4 % Adjusted Net Profit³ ( $ m ) 12.7 3.8 238.6 % Investment Gains ( $ m ) 5.7 9.9 -42.3 % Net Profit After Tax ( $ m ) 18.4 13.6 35.3 % Earnings per Share Basic ( adjusted ) 3 ( cents ) Basic ( cents ) 6.7 2.8 140.1 % 9.8 10.0 -2.5 % Interim Dividend per Share ( cents ) 1.2 0.9 33.3 % Net Asset Value per Share ( cents ) 86.3 72.4 19.2 % Adjusted Return on Capital Employed ( ROCE ) ( % ) 4 17.9 23.1 Net Debt ( $ m ) 32.8 0.1 Net Debt / Equity ( % ) 20.1 0.1 * All amounts are in US dollars unless otherwise stated ( 1 ) Capex is net of prepayments . ( 2 ) EBITDA , EBIT , Net Asset Value per share and Net Cash are non - IFRS financial measures and should not be used in isolation or as a substitute for Capital Limited financial results presented in accordance with IFRS . ( 3 ) Adjusted net profit and adjusted earnings per share are pre investment gains . ( 4 ) Adjusted ROCE is calculated utilising 12 months EBIT and excludes investments at fair value from assets . capdrill.com 1