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Sasol Limited - Appointment Of Dave Avnit As Chief Financial Officer

Release Date: 11/12/2000 16:43:18      Code(s): SOL SOLD
SASOL LIMITED
APPOINTMENT OF DAVE AVNIT AS CHIEF FINANCIAL OFFICER
SASOL IS PLEASED TO ANNOUNCE THE APPOINTMENT OF DAVE AVNIT AS CHIEF FINANCIAL
OFFICER, SASOL LIMITED, EFFECTIVE 1 FEBRUARY 2001.  DAVE HAS B ACCOUNTANCY AND
MBA DEGREES AND QUALIFIED AS A CA IN 1982.  HE JOINS FROM FEDSURE, WHERE HE HAS
HELD VARIOUS POSITIONS, THE MOST RECENT BEING CHIEF EXECUTIVE OFFICER OF
FEDSURE HEALTHCARE.
DAVE HAS HAD EXTENSIVE EXPERIENCE IN A NUMBER OF INDUSTRIES IN DIFFERENT
CAPACITIES.  THIS INCLUDES FUNCTIONING AS A CONSULTANT IN STRATEGY AND MERGERS
AND ACQUISITIONS, CHIEF EXECUTIVE, CHIEF FINANCIAL OFFICER AND TAKING
RESPONSIBILITY FOR VARIOUS ORGANISATIONAL FUNCTIONS.  HE BRINGS TO SASOL A
STRONG ENTREPRENEURIAL FLAIR, STRENGTH IN NEGOTIATIONS AND INTERNATIONAL
EXPERIENCE.
DAVE PLAYED A MAJOR ROLE IN THE STRONG GROWTH AND DEVELOPMENT OF THE FEDSURE
GROUP.  UNDER DAVE'S LEADERSHIP FEDSURE HEALTHCARE HAS RISEN FROM A VERY SMALL
HEALTHCARE PLAYER TO BECOME ONE OF THE MOST SIGNIFICANT ORGANISATIONS IN THE
INDUSTRY OVER THE PAST SIX YEARS.  THE HEALTHCARE INDUSTRY IS CURRENTLY
EXPERIENCING MAJOR INDUSTRY TURMOIL IN THIS LAST YEAR, WHICH HAS AFFECTED
NUMEROUS PLAYERS INCLUDING FEDSURE HEALTH.  DAVE HAS GUIDED FEDSURE HEALTH
THROUGH THIS TORRID PERIOD. HE HAS NOW DECIDED TO JOIN SASOL TO ASSUME NEW
CHALLENGES.
11 DECEMBER 2000
PIETER COX, CEO AND MANAGING DIRECTOR, SASOL LIMITED SAID:
"I AM DELIGHTED TO WELCOME DAVE TO SASOL. HE BRINGS WITH HIM A WEALTH OF
EXPERIENCE AND THE QUALITIES REQUIRED AS SASOL CONTINUES ON ITS STRONG GROWTH
PATH BOTH IN SOUTH AFRICA AND OVERSEAS".
DAVE AVNIT SAID:
"I AM VERY EXCITED ABOUT MOVING TO SASOL.  SASOL IS IN A STRONG POSITION TO
DELIVER ON ITS GROWTH OBJECTIVES AND I LOOK FORWARD TO PLAYING MY ROLE IN THE
FUTURE SUCCESS OF THE BUSINESS. I HAVE ALREADY HAD THE PLEASURE OF MEETING A
NUMBER OF THE GROUP'S EXECUTIVES AND LOOK FORWARD TO MEETING ALL MANAGEMENT AND
STAFF OVER THE WEEKS AND MONTHS AHEAD."
ENQUIRIES:     PIETER COX, CEO & MANAGING DIRECTOR
               TEL: +27 11 441 3457
              MIKE TISDALL, GENERAL MANAGER INVESTOR RELATIONS
              TEL: +27 11 441 3835



                                        
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