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SOL - Sasol - Statement Issued By Sasol Limited In Response To An Announcement

Release Date: 01/10/2008 11:48:36      Code(s): SOL
SOL - Sasol - Statement Issued By Sasol Limited In Response To An Announcement  
              By The European Commission                                        
Sasol Limited                                                                   
(Incorporated in South Africa)                                                  
(Registration number: 1979/003231/06)                                           
ISIN Code: ZAE000006896                                                         
JSE Code: SOL                                                                   
NYSE Code: SSL                                                                  
("Sasol" or "the Company")                                                      
Statement issued by Sasol Limited in response to an announcement by the         
European Commission regarding a finding of anti-competitive behaviour by Sasol  
Wax GmbH and other members of the European paraffin wax industry                
As anticipated in several previous announcements made by Sasol Limited, the     
European Union found that members of the European paraffin wax industry,        
including Sasol Wax GmbH, formed a cartel and violated antitrust laws. A fine   
of EUR 318 200 000 was imposed by the European Commission on Sasol Wax GmbH     
(of which Sasol Wax International AG, Sasol Holding in Germany GmbH and Sasol   
Limited would be jointly and severally be liable for EUR 250 million). The      
fine is payable within three months.                                            
As a result of Sasol`s co-operation and support in the investigations, the      
European Commission reduced the base amount of the fine by 50% to the net       
amount stated above.                                                            
Sasol is surprised by and does not understand the reasons for the magnitude of  
this fine and will be studying the reasons for the finding with a view to       
lodge an appeal against it.                                                     
According to the statement of objections of the European Commission an          
infringement of antitrust laws commenced in 1992 or even earlier. In 1995       
Sasol became a co-shareholder in an existing wax business located in Hamburg,   
Germany owned by the Schumann group.  In July 2002 Sasol acquired the           
remaining shares in the joint venture and became the sole shareholder of the    
business.  Sasol Limited was unaware of these infringements before the          
European Commission commenced their investigation at the wax business in        
Hamburg in April 2005.                                                          
Sasol views this matter in a serious light and has intensified its competition  
and anti-trust law compliance programmes in all its businesses including joint  
ventures. It is Sasol`s policy to comply with all applicable laws, including    
competition laws.                                                               
1 October 2008                                                                  
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited               
Forward-looking statements: In this document 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 21 November 2007 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: 01/10/2008 11:48:36 Supplied by www.sharenet.co.za                     
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information disseminated through SENS.                                          

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