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Sol - Sasol Welcomes Decision On Windfall Tax

Release Date: 06/08/2007 15:52:19      Code(s): SOL
SOL - Sasol welcomes decision on windfall tax                                   
Sasol Limited                                                                   
(Incorporated in South Africa)                                                  
(Registration number: 1979/003231/06)                                           
ISIN Code: ZAE000006896                                                         
Share Code: SOL                                                                 
NYSE Code: SSL                                                                  
("Sasol")                                                                       
Sasol welcomes decision on windfall tax                                         
The South African Minister of Finance, Trevor Manuel, announced today that      
National Treasury would not proceed with a windfall tax on the profits earned   
by existing synthetic fuel producers. The full statement is available on        
National Treasury`s website: www.treasury.gov.za                                
Sasol warmly welcomes National Treasury`s decision. "Our government`s growth    
vision for the synthetic fuel sector is encouraging. We thank the Minister and  
the National Treasury team for the constructive manner in which this complex    
investigation was conducted. This is a win-win outcome for all," says Sasol     
chief executive Pat Davies                                                      
Commenting on the decision, Davies says:  "We are enthusiastic about the role   
we can play in enhancing South Africa`s energy security and have started the    
first phase of significantly expanding our existing synthetic fuels capacity    
in Secunda, South Africa. We also confirm that we are proceeding with a pre-    
feasibility study into a greenfields coal-to-liquids (CTL) facility in          
partnership with government." The pre-feasibility study of the project, known   
as Project Mafutha, is expected to be completed during 2008.                    
Sasol also notes government`s aim to create a climate of certainty for the      
liquid fuels industry and lay a basis to ensure the success of growth projects  
like Mafutha.  "We are one of the largest investors in this economy and         
believe that Project Mafutha could provide Sasol and our stakeholders with a    
further promising investment opportunity. We are optimistic that the proposed   
venture will meet both government`s and Sasol`s investment criteria. We look    
forward to partnering with government to sustainably address our country`s      
energy needs," says Davies.                                                     
6 August 2007                                                                   
Johannesburg                                                                    
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited               
Forward-looking statements: In this announcement we make certain statements     
that are not historical facts and relate to analyses and other information      
based on forecasts of future results not yet determinable, relating, amongst    
other things, to exchange rate fluctuations, volume growth, increases in        
market share, total shareholder return and cost reductions. These are forward-  
looking statements as defined in the United States Private Securities           
Litigation Reform Act of 1995. Words such as "believe", "anticipate",           
"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.     
Forward-looking statements involve inherent risks and uncertainties and, if     
one or more of these risks materialise, 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 such      
forward-looking statements are discussed more fully in our most recent annual   
report under the Securities Exchange Act of 1934 on Form 20-F filed on 2        
November 2006 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 Sasol does not undertake any obligation to update or   
revise any of them, whether as a result of new information, future events or    
otherwise.                                                                      
Date: 06/08/2007 15:52:19 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  



                                        
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