SASOL OIL (PTY) LTD – Tax Litigation Update 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 OIL (PTY) LTD – TAX LITIGATION UPDATE As previously reported, the South African Revenue Service (“SARS”) issued revised assessments for Sasol Oil (Pty) Ltd (“Sasol Oil”) relating to a dispute around its international crude oil procurement activities for the 2005 to 2014 tax years. The litigation in the Tax Court, relating to the international crude oil procurement activities for the 2005 to 2007 years of assessment, was concluded and judgement was delivered in favour of SARS on 30 June 2017. Sasol Oil made a provision in its 2018 annual financial statements of R1.3 billion, including penalties and interest, which covers the 2005 to 2014 tax years relating to the tax assessment ground to which this litigation is related. Sasol Oil filed an appeal against the judgment by the Tax Court with the Supreme Court of Appeal. Today the Supreme Court of Appeal decided to uphold the appeal and to set aside the ruling by the Tax Court. The Court effectively confirmed Sasol Oil’s view that the ground for additional taxation of Sasol Oil’s international crude oil procurement activities has not been fulfilled. On the basis of this judgement, Sasol Oil will reverse the accrual of R1.3 billion. 9 November 2018 Sandton Sponsor: Deutsche Securities (SA) Proprietary Limited Date: 09/11/2018 02:30:00 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. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.