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Sasol Limited - Results Of The Annual General Meeting Of Sasol Held On 22 November 2013

Release Date: 22/11/2013 12:50:00      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?)





RESULTS OF THE ANNUAL GENERAL MEETING OF SASOL HELD ON 22 NOVEMBER 2013



Sasol shareholders are advised that the results of the business conducted at

the annual general meeting held on Friday 22 November 2013 in Parktown,

Johannesburg, South Africa (including a percentage of the total number of

shares voted) are as follows:



1.   Annual general meeting



1.1. The audited annual financial statements of the Company, including the

reports of the directors, external auditors, audit committee and the

nomination, governance, social and ethics committee for the financial year

ended 30 June 2013 were presented.



1.2. Ms V N Fakude, Dr M S V Gantsho, Ms I N Mkhize and Mr M J N Njeke

retired by rotation at the meeting in terms of clause 22.2.1 of the Company?s

Memorandum of Incorporation (?Sasol?s MOI?) and were re-elected individually

for a further term of office:



Directors            For                Against              Abstain

V N Fakude           99.96%             0.04%                829,300

M S V Gantsho        98.66%             1.34%                1,265,525

I N Mkhize           99.96%             0.04%                828,478

M J N Njeke          91.12%             8.88%                894,957



1.3. Mr P Victor was appointed by the Board in terms of clause 22.4.1 of

Sasol?s MOI during the course of the year, he retired at the annual general

meeting and was elected for a further term:



Directors            For                Against              Abstain

P Victor             99.97%             0.03%                833,202





1.4. PricewaterhouseCoopers Incorporated was appointed as auditors of the

Company until the next annual general meeting.



For                  Against            Abstain

99.96%               0.04%              616,822

1.5. The members of the audit committee, Mr C Beggs, Ms I N Mkhize, Mr M J N

Njeke and Mr S Westwell 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             99.96%             0.04%               840,619

I N Mkhize          99.97%             0.03%               844,104

M J N Njeke         93.05%             6.95%               840,191

S Westwell          99.97%             0.03%               840,995



1.6. A non-binding advisory endorsement on the Company?s remuneration policy

for the year ending 30 June 2014 was obtained:



For                 Against             Abstain

69.94%              30.06%              8,038,795



1.7. Special Resolution number 1 approving the revised annual remuneration

payable by the Company to non-executive directors of the Company for their

services as directors with effect from 1 July 2013, was approved:



For                 Against             Abstain

93.83%              6.17%               81,812,694



1.8. Special Resolution number 2 to authorise the Board, subject to compliance

with the requirements of Sasol?s MOI, section 48 of the Act and the JSE

Limited Listings Requirements (?Listings Requirements?), to approve the

general repurchase by the Company or purchase by any of its subsidiaries of

any of the Company?s ordinary shares and/or Sasol BEE ordinary shares, was

approved:



For                 Against             Abstain

99.99%              0.01%               3,847,022



1.9. Special Resolution number 3 to authorise the Board to approve the

purchase by the Company of its issued shares 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 and the Listings Requirements, was approved:



For                 Against             Abstain

99.39%              0.61%               2,831,685





22 November 2013

Johannesburg



Sponsor: Deutsche Securities (SA) Proprietary Limited


Date: 22/11/2013 12:50:00 Supplied by www.sharenet.co.za                     
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