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Sol - Sasol - Retirement And Appointment Of Chairman

Release Date: 08/09/2008 07:46:11      Code(s): SOL
SOL - Sasol - Retirement And Appointment Of Chairman                            
Sasol Limited                                                                   
(Incorporated in South Africa)                                                  
(Registration number: 1979/003231/06)                                           
ISIN Code: ZAE000006896                                                         
JSE Code: SOL                                                                   
NYSE Code: SSL                                                                  
("Sasol" or "the Company")                                                      
RETIREMENT AND APPOINTMENT OF CHAIRMAN                                          
Following an indication by Mr Pieter Cox, the Chairman of Sasol, that he intends
stepping down as Chairman and director of the Company at the Annual General     
Meeting on 28 November 2008 the Sasol Limited board appointed Mrs Hixonia       
Nyasulu as Chairman of the Board of directors of the company with effect from   
after the 2008 Annual General Meeting.                                          
In line with international corporate governance practice the Board has also     
appointed Professor Juergen Schrempp as lead independent director. His role will
include chairing the Board when matters pertaining to Sasol Oil (Pty) Limited   
are dealt with at the Sasol Limited Board. Mrs Nyasulu has an 1.275% indirect   
interest in Sasol Oil (Pty) Limited, a subsidiary of Sasol Limited.             
Mr Cox said: "I would like to congratulate Hixonia on her appointment and wish  
her well in providing leadership at board level. She is a respected board member
and it is a pleasure after 13 years on the Sasol Limited board to hand the baton
to her. We are also grateful that Juergen has accepted his new role."           
Mrs Nyasulu said: "It is an honour to accept this appointment as Chairman. I    
would like to thank Mr Cox for his outstanding contribution over 37 years to    
Sasol. The Company thrived under his leadership as chief executive and later as 
chairman. I am looking forward to serving this exciting company in a new        
capacity."                                                                      
Pat Davies, the Chief Executive of the company said: "As management we are      
delighted to welcome Hixonia as chairman. We believe she will make an excellent 
contribution.  We are grateful to Pieter for his leadership over many decades   
and wish him well in his retirement."                                           
Mrs Nyasulu is the founder and Chairman of Ayavuna Women`s Investments (Pty)    
Ltd, a women-controlled investment vehicle. Before founding Ayavuna in 2004, she
managed T H Nyasulu & Associates, a marketing strategy and research company she 
started in 1984 after working for Unilever for six years.                       
She has served on the boards of several South African companies since 1992      
including Saficon Motor Holdings, AVI Limited, McCarthy Retail Ltd, Glodina Ltd 
and Nedbank Ltd, where she became Deputy Chairman. Until recently, she was also 
on the board of Anglo Platinum. She is currently a director of Unilever PLC/NV  
and serves on the boards of Barloworld Ltd,  Glenrand MIB and Tongaat-Hulett    
Group Ltd. She is also a  director and co-owner of Paton Tupper Associates, a   
Durban-based design agency, as well as a member of the JP Morgan South Africa   
Advisory Board.                                                                 
Born in 1954 in Randfontein, South Africa, Mrs Nyasulu attended the historic    
Inanda Seminary before proceeding to the University of Zululand where she       
obtained a BA in Social Work and an Honours Degree in Psychology. She also holds
an Executive Leadership Development Programme Certificate from the Arthur D     
Little Management Education Institute (Massachusetts) and attended the          
International Programme for Board Members at the Institute of Management        
Development (IMD) in Lausanne, Switzerland.                                     
Until recently she was a member of the Banking Enquiry Panel, appointed by the  
South African Competition Commission to investigate charges in the retail       
banking sector, access to the National Payment System and competition in the    
sector.                                                                         
8 September 2008                                                                
Johannesburg                                                                    
Issued by sponsor:                                                              
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 08/09/2008 07:46:11 Supplied by www.sharenet.co.za                     
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