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Sol - Sasol Limited - Report On Proceedings At General Meeting

Release Date: 16/05/2008 11:43:01      Code(s): SOL
SOL - Sasol Limited - Report on proceedings at general meeting                  
Sasol Limited                                                                   
(Incorporated in the Republic of South Africa)                                  
(REG NO.: 1979/003231/06)                                                       
Share code JSE: SOL      NYSE: SSL                                              
ISIN: ZAE000006896       US8038663006                                           
("Sasol" or "the Company")                                                      
REPORT ON PROCEEDINGS AT GENERAL MEETING                                        
Sasol shareholders are advised that the requisite majority of shareholders      
approved all the ordinary and special resolutions proposed at the meeting held  
today, Friday 16 May 2008, relating to the conclusion of a broad-based black    
economic empowerment equity ownership transaction equal to 10% of Sasol`s issued
share capital ("Sasol Inzalo BEE Transaction"), as detailed in the circular to  
shareholders dated 24 April 2008. All resolutions were passed with a majority of
not less than 97%.                                                              
The implementation of the Sasol Inzalo BEE Transaction is subject to the        
following remaining conditions:                                                 
-  lodging of special resolutions with CIPRO for registration;                  
-  registration of special resolutions by CIPRO; and                            
-  fulfilment  or  waiver  (where  applicable)  of  conditions  in              
  agreements concluded to finance the subscription for shares  in               
  Sasol.                                                                        
Rosebank                                                                        
16 May 2008                                                                     
Transaction sponsor                                                             
Rand Merchant Bank (A division of FirstRand Bank Limited)                       
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 16/05/2008 11:43:01 Supplied by www.sharenet.co.za                     
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