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Sasol - Sasol Hedges 45 000 Barrels Per Day Of Its South African

Release Date: 28/06/2006 16:44:21      Code(s): SOL
Sasol - Sasol hedges 45 000 barrels per day of its South African                
          synthetics fuels production                                           
Sasol Limited                                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1979/003231/06)                                            
(ISIN:  ZAE000006896)                                                           
Share codes:                                                                    
JSE - SOL                                                                       
NYSE - SSL                                                                      
("Sasol")                                                                       
Sasol hedges 45 000 barrels per day of its South African synthetics fuels       
production                                                                      
Sasol announces that it has, for its 2007 financial year which commences 1 July 
2006, entered into hedging transactions (zero cost collars) for 45 000 barrels  
of oil per day (equivalent to approximately 30% of its South African synfuels   
production).  In terms of this hedge Sasol will be protected should monthly     
average dated Brent crude oil prices decrease below US$63,00 per barrel on the  
hedged portion of production, and conversely Sasol will incur opportunity losses
on the hedged portion of production should monthly average oil prices exceed an 
average US$83,60 per barrel.                                                    
This is in line with Sasol"s approach to consider oil price hedging on an annual
basis to improve the stability and predictability of its cash flows. The zero   
cost collar structure is similar to the oil price hedging concluded for the 2006
financial year when a floor price of US$45 per barrel was achieved and upside   
was limited to US$83 per barrel, also on 45 000 barrels of oil per day. During  
the 2006 financial year oil prices did not fall below US$45 per barrel or       
increase above US$83 per barrel and no cash flows, therefore, emanated from the 
hedging.                                                                        
Appropriate disclosure of this hedging will also be made in our 2006 annual     
report and Form 20-F.                                                           
28 June 2006                                                                    
Johannesburg                                                                    
Issued by sponsor:  Deutsche Securities (SA) (Proprietary) Limited              
Forward looking statements                                                      
We may in this document make statements that are not historical facts and relate
to  analyses  and  other information based on forecasts of  future  results  and
estimates of amounts not yet determinable.  These are forward-looking statements
as  defined in the U.S. Private Securities Litigation Reform Act of 1995.  Words
such  as  "believe", "anticipate", "expect", "intend", "seek",  "will",  "plan",
"could",  "may", "endeavour" and "project" and similar expressions are  intended
to  identify such forward-looking statements, but are not the exclusive means of
identifying  such statements.  By their very nature, forward-looking  statements
involve  inherent risks and uncertainties, both general and specific, and  there
are  risks  that  predictions, forecasts, projections and other  forward-looking
statements will not be achieved.  If one or more of these risks materialize,  or
should  underlying  assumptions prove incorrect,  actual  results  may  be  very
different  from  those  anticipated.  The factors that could  cause  our  actual
results to differ materially from the plans, objectives, expectations, estimates
and  intentions expressed in such forward-looking statements are discussed  more
fully in our annual report under the Securities Exchange Act of 1934 on Form 20-
F  filed  on  October  26,  2005 and in other filings  with  the  United  States
Securities and Exchange Commission.  Forward-looking statements apply only as of
the  date  on  which  they are made, and we do not undertake any  obligation  to
update  or  revise  any of them, whether as a result of new information,  future
events or otherwise.                                                            
Date: 28/06/2006 04:44:25 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                



                                        
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