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Sasol Limited - Change In Directors Executive Responsibilities And New Group Executive Committee Structure Announced

Release Date: 01/11/2013 12:18:00      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?)


CHANGE IN DIRECTOR?S EXECUTIVE RESPONSIBILITIES AND NEW GROUP
EXECUTIVE COMMITTEE STRUCTURE ANNOUNCED

In accordance with paragraph 3.59(c) of the JSE Listings
Requirements, Sasol today announced that the Sasol Limited board
(?the Board?) approved a change in the executive responsibilities
of executive director, Ms V N Fakude, who currently has
accountability for the Sustainability and Business Transformation
portfolio. These changes will be effective 1 July 2014 and are
pursuant to a new Group Executive Committee (?GEC?) structure
approved by the Board.

From 1 July 2014, Ms Fakude will be directly accountable for the
Sustainability and Human Resources portfolio comprising the
following Group functions: Human Resources; Public and Regulatory
Affairs; Safety, Health and Environment; and Shared Services
(South Africa). In the context of the new GEC structure, Ms
Fakude will assume accountability for Sasol?s Safety, Health &
Environment function, and will relinquish accountability for the
Strategy function.

At its 2013 year-end results announcement on 9 September 2013,
Sasol confirmed its intention to maintain its focus on improving
operational productivity, while designing an effective operating
model for the Group, as part of its group-wide business
performance enhancement programme. The programme aims to address
both organisational complexity and cost creep at Sasol to ensure
the company?s long-term effectiveness and competitiveness.

While the detailed design work of Sasol?s new operating model
continues to progress, the Board approved the new GEC structure
to align the company?s top management structure with its new
operating platform during a six-month transition phase.

With effect from 1 July 2014, the GEC will consist of the
following portfolios reporting to the Sasol President and Chief
Executive Officer, Mr D E Constable:

   o Executive Vice President: Upstream and Business Enablement
     (Mr C F Rademan)
   o Executive Vice President: Southern African Operations (Mr B
     E Klingenberg)
   o Executive Vice President: International Operations (vacant)
   o Executive Vice President: Energy Business (Mr M Radebe)
   o Executive Vice President: Chemicals Business (Mr F R
     Grobler)
   o Chief Financial Officer (Mr P Victor, currently acting)
   o Executive Vice President: Sustainability and Human
     Resources (Ms V N Fakude)
   o Executive Vice President: Technology (vacant)
   o Executive Vice President: Advisory and Assurance, who is
     also the Company Secretary of Sasol Limited (Mr V D Kahla)
   o Executive Vice President: Strategy, Development and
     Planning (Mr E Oberholster)

Sponsor: Deutsche Securities (SA) Proprietary Limited
1 November 2013

Date: 01/11/2013 12:18:00 Supplied by www.sharenet.co.za                     
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