Summary of the audited financial results for the year ended 30 June 2015 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 US803663006 Sasol BEE Ordinary Share code: JSE: SOLBE1 Sasol BEE Ordinary ISIN code: ZAE000151817 ("Sasol" or "the Company") SASOL INZALO PUBLIC LIMITED (RF) GROUP(1) SUMMARY OF THE AUDITED FINANCIAL RESULTS for the year ended 30 June 2015 Finance income (R million) 389 497 2014 2015 Finance costs (R million) 581 570 2014 2015 Cash generated from operations (R million) 152 256 2014 2015 Investment in security (R million) 10 172 7 238 2014 2015 How we used our cash Operating costs: R8 million 2% Repayment of debt (A preference): R223 million 44% Repayment of debt (B preference): R101 million 20% Repayment of debt (C preference): R183 million 37% Security tax paid: R4 million 1% Utilised from prior years: -R22 million -4% Salient features 27% Increase in dividend received from R24,20 to R30,80 per share 2% Decrease in finance costs mainly due to refinancing transaction 68% Increase in cash generated from operations 29% Decrease in the investment in security Refinancing of debt Sasol Inzalo Public Funding (Pty) Ltd (RF) renegotiated the refinancing of the D preference shares through a subsequent issue of C preference shares. The refinancing transaction was implemented on 17 October 2014, this being the effective date. The refinancing transaction resulted in a subscription of additional C preference shares by the existing C preference shareholders (R2 177 million), which was used to repay the outstanding capital and notional interest on the D preference shares on the effective date. Consequently, the interest rate on all C preference shares reduced from 80,3% of the prime interest rate to 68% of the prime interest rate, from the effective date. Commentary The group recorded a net loss for the year of R84 million (2014: R194 million), showing an improvement of 57% from the previous year. This was mainly driven by the 27% increase in dividend received from Sasol Limited in line with the structure of the transaction and was partially offset by the increase in other expenses of R5 million, mainly due to costs incurred in respect of the annual general meeting. Finance costs reduced slightly by 2% as a result of the impact of the refinancing transaction implemented on 17 October 2015. Our investment in Sasol Limited was revalued at the closing market price of R450,00 (2014: R632,36) per Sasol ordinary share as at 30 June 2015, to a value of R7 238 million (2014: R10 172 million) in line with the group's accounting policy on investment in Sasol Limited. The group generated sufficient cash from dividends received on the investment in Sasol Limited to fund operating activities, finance costs and to repay long-term debt during the year. Cash generated from operating activities amounted to R256 million (2014: R152 million). The increase in cash generated from operating activities is mainly due to the increase in dividend income received from Sasol Limited. 2015 2014 Dividend received 495 389 Interest received 2 – Wealth created 497 389 Operating costs 8 (4) Repayment of debt 507 356 Dividend paid – 32 Security tax paid 4 – Utilised from cash brought forward (22) – Reinvested in the group 0 5 How we used our cash 497 389 The short-form announcement is the responsibility of the directors. The summary does not contain the full audited financial results for the year ended 30 June 2015. The full audited financial results will, from 23 October 2015, be available on www.sasol.com/investor-centre/sasol-inzalo/sasol-inzalo-financial-results. The full set of audited financial results will also be available for inspection at the company's registered office at no charge, during office hours. Copies of the full set of audited financial results may be requested by contacting Computershare on 0800 000 222 or at sasolinzalo@computershare.co.za. (1) The Sasol Inzalo Public Limited (RF) Group forms part of Sasol Limited’s 2008 broad-based BEE ownership transaction equal to 10% of its issued share capital at the time. The Sasol Inzalo Public Limited (RF) Group owns approximately 2,4% of Sasol Limited’s issued share capital. Company registration number: 2007/030646/06 17 September 2015 Sponsor: Deutsche Securities (SA) Proprietary Limited Date: 17/09/2015 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. 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