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Sasol Limited - Sasol Disposes Of Its Investment In The Iranian Joint Venture Arya Sasol Polymer Company (arya)

Release Date: 19/08/2013 08:34:00      Code(s): SOL SOLBE1     
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?)

SASOL DISPOSES OF ITS INVESTMENT IN THE IRANIAN JOINT
VENTURE ARYA SASOL POLYMER COMPANY (?ARYA?)

On 16 August 2013, Sasol Investment Company (Pty) Limited,
a wholly owned subsidiary of Sasol, entered into a
definitive sale and share purchase agreement pursuant to
which Main Street 1095 (Pty) Limited, a South African
subsidiary of an Iranian investor, completed and effected
the acquisition of 100% of the shares of SPI International
(Pty) Limited (?SPII?)(?Transaction?). SPII is the
indirect owner of a 50% interest in Arya.

As described in our most recent trading statement of 1
August 2013, the fair value of Sasol?s investment in Arya
was written down to R2,3 billion. This was based on our
assessment of the fair value of Arya as well as the
accounting requirement to recognise operating profits of
approximately R1,6 billion for the second half of the 2013
financial year.

As a result of this Transaction, Sasol has no on-going
investment in Iran.

The Transaction is not a categorised transaction in terms
of the JSE Limited Listings Requirements.

19 August 2013
Johannesburg

Sponsor: Deutsche Securities (SA) Proprietary Limited

Forward-looking statements Disclaimer: Sasol may, in this
document, make certain statements that are not historical
facts and relate to analyses and other information which
are based on forecasts of future results and estimates of
amounts not yet determinable. These statements may also
relate to our future prospects, developments and business
strategies. Examples of such forward-looking statements
include, but are not limited to, statements regarding
exchange rate fluctuations, volume growth, increases in
market share, total shareholder return and cost reductions.
Words such as ?believe?, ?anticipate?, ?expect?, ?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. By their very nature,
forward-looking statements involve inherent risks and
uncertainties, both general and specific, and there are
risks that the predictions, forecasts, projections and
other forward-looking statements will not be achieved. If
one or more of these risks materialise, or should
underlying assumptions prove incorrect, our actual results
may differ materially from those anticipated. You should
understand that a number of important factors could cause
actual results to differ materially from the plans,
objectives, expectations, estimates and intentions
expressed in such forward-looking statements. These factors
are discussed more fully in our most recent annual report
under the Securities Exchange Act of 1934 on Form 20-F
filed on 12 October 2012 and in other filings with the
United States Securities and Exchange Commission. The list
of factors discussed therein is not exhaustive; when
relying on forward-looking statements to make investment
decisions, you should carefully consider both these factors
and other uncertainties and events. Forward-looking
statements apply only as of the date on which they are
made, and we do not undertake any obligation to update or
revise any of them, whether as a result of new information,
future events or otherwise.

Date: 19/08/2013 08:34:00 Supplied by www.sharenet.co.za                     
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