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Sol - Sasol Limited - Results Of The Annual General Meeting Of Sasol Held On 25

Release Date: 25/11/2011 12:50:01      Code(s): SOL SOLBE1
SOL - Sasol Limited - Results of the Annual General Meeting of Sasol held on 25 
November 2011                                                                   
Sasol Limited                                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1979/003231/06)                                            
Sasol Ordinary Share codes:   JSE : SOL      NYSE : SSL                         
Sasol Ordinary ISIN codes:    ZAE000006896   US8038663006                       
Sasol BEE Ordinary Share code:     JSE : SOLBE1                                 
Sasol BEE Ordinary ISIN code:      ZAE000151817                                 
("Sasol" or "the Company")                                                      
RESULTS OF THE ANNUAL GENERAL MEETING OF SASOL HELD ON 25 NOVEMBER 2011         
Sasol shareholders are advised that the results of the business conducted at the
annual general meeting held on Friday 25 November 2011 in Parktown,             
Johannesburg, South Africa (including the percentage of total number of shares  
voted) are as follows:                                                          
1    Annual general meeting                                                     
1.1. The annual financial statements of the Company, including the reports of   
the directors, audit committee and auditors for the financial year ended        
30 June 2011 were presented.                                                    
1.2. Mr J E Schrempp, Mr C Beggs, Mr M J N Njeke and Ms V N Fakude retired by   
rotation at the meeting and were re-elected individually for a further term of  
office in terms of Articles 75(d) and 75(e) of the Company`s Memorandum of      
Incorporation ("Sasol`s MOI"):                                                  
Directors           For                Against             Abstain              
J E Schrempp        96.47%             3.13%               0.40%                
C Beggs             99.47%             0.13%               0.40%                
M J N Njeke         95.38%             4.22%               0.40%                
V N Fakude          99.42%             0.18%               0.40%                
1.3. The three directors, Mss T H Nyasulu and K C Ramon and Mr H G Dijkgraaf who
retired in terms of Article 75(i) of the Company`s MOI, and were thereafter re- 
appointed as directors by the board of directors of Sasol ("the Board") in      
accordance with Article 75(h) were elected individually for a further term of   
office:                                                                         
Directors           For                Against             Abstain              
T H Nyasulu         96.87%             2.70%               0.42%                
K C Ramon           99.43%             0.14%               0.42%                
H G Dijkgraaf       98.86%             0.72%               0.42%                
1.4. The director appointed by the Board during the course of the calendar year,
Mr D E Constable retired at the annual general meeting, but was elected for a   
further term of office in terms of Sasol`s MOI:                                 
Directors           For                Against             Abstain              
D E Constable       99.46%             0.14%               0.40%                
1.5. KPMG Incorporated was automatically re-appointed as auditors of the Company
until the conclusion of the next annual general meeting and it was noted that   
the Mr C H Basson would be the individual registered auditor who will undertake 
the audit of the Company for the financial year ending 30 June 2012.            
1.6. The members of the audit committee, Mr C Beggs, Dr M S V Gantsho, Mr H G   
Dijkgraaf and Mr M J N Njeke were elected individually for the ensuing financial
year in terms of sections 94(4) and 94(5) of the Companies Act, 2008 (the Act), 
read with Regulation 42 of the Companies Regulations, 2011:                     
Directors           For                Against             Abstain              
C Beggs             99.50%             0.10%               0.40%                
M S V Gantsho       99.49%             0.10%               0.40%                
H G Dijkgraaf       99.50%             0.10%               0.40%                
M J N Njeke         95.35%             4.23%               0.41%                
1.7. Special Resolution number 1 approving the revised annual emoluments payable
by the Company with effect from 1 July 2011 to non-executive directors of the   
Company, was approved:                                                          
For                 Against             Abstain                                 
97.17%              2.67%               0.16%                                   
1.8. A non-binding advisory endorsement on the company`s remuneration policy for
the year ending 30 June 2012 was obtained:                                      
For                 Against             Abstain                                 
64.38%              35.42%              0.19%                                   
1.9. Special Resolution number 2 to authorise the board to provide loans or     
other financial assistance to subsidiaries and juristic persons that the company
directly or indirectly controls, subject to the provisions of section 45 of the 
Act and the JSE Limited Listings Requirements (the listings requirements), was  
approved:                                                                       
For                 Against             Abstain                                 
98.01%              1.90%               0.10%                                   
1.10. Special Resolution number 3 to authorise the board to provide loans or    
other financial assistance to any person and/or corporation that is or becomes  
related or inter-related to the company and/or to a member of such a related or 
inter-related corporation and/or to a person related to such a corporation,     
subject to the provisions of section 45 of the Act and the listings             
requirements, was approved:                                                     
For                 Against             Abstain                                 
95.79%              4.11%               0.09%                                   
1.11. Special Resolution number 4 to authorise the board to provide loans or    
other financial assistance to The Sasol Inzalo Public Facilitation Trust,       
subject to the provisions of Sasol`s MOI and section 44 of the Act, was         
approved:                                                                       
For                 Against             Abstain                                 
99.00%              0.33%               0.67%                                   
1.12. Special Resolution number 5 to authorise the board, in terms of the       
authority granted in Article 36(a) of Sasol`s MOI, to approve the general       
repurchase by the Company, or by any of its subsidiaries, of the Company`s      
securities, subject to compliance with the requirements of Sasol`s MOI, section 
48 of the Act and the listings requirements, was approved:                      
For                 Against             Abstain                                 
99.87%              0.04%               0.08%                                   
1.13. Special Resolution number 6 to authorise the board to approve the purchase
by the Company, of its issued securities from a director and/or a prescribed    
officer of the Company, and/or person related to a director or prescribed       
officer of the company subject to the provisions of Sasol`s MOI, the Act, the   
listings requirements and the JSE Limited rules, was approved:                  
For                 Against             Abstain                                 
97.57%              2.20%               0.23%                                   
1.14. Ordinary Resolution number 1 to authorise the amendment of the trust deed 
of The Sasol Inzalo Foundation to increase the contractual ceiling of any       
dividend declared in respect of the ordinary shares in the company held by the  
Sasol Inzalo Foundation, was approved:                                          
For                 Against             Abstain                                 
98.91%              0.04%               1.05%                                   
25 November 2011                                                                
Johannesburg                                                                    
Sponsor: Deutsche Securities (SA) (Proprietary) Limited                         
Date: 25/11/2011 12:50:01 Supplied by www.sharenet.co.za                     
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