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SASOL LIMITED - Timetable for announcement of outcome of independent Board review, release of annual financial results and AGM date

Release Date: 15/10/2019 07:05
Code(s): SOL SOLBE1     PDF:  
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Timetable for announcement of outcome of independent Board review, release of annual financial results and AGM date

Sasol Limited
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")

Timetable for announcement of outcome of independent Board review, release of 2019
annual financial results and date of annual general meeting

Sasol shareholders are referred to the Company’s announcements on 16 August 2019 and
6 September 2019 regarding the delay in the release of Sasol’s annual results for the year
ended 30 June 2019 (2019 financial results) and related year-end publications to allow for
the completion of the independent review commissioned by the Sasol board of directors (the
Board) in May 2019 (the Board Review).

Board Review

The report from the Board Review is complete and the Board will now consider the findings
and determine any appropriate steps arising from these. The Board will make an
announcement on these matters in due course.

Release of 2019 financial results and related year-end publications

The Company will release its 2019 financial results as well as its 2019 annual financial
statements and other related year-end publications on Monday, 28 October 2019.

The JSE has been informed of Sasol’s intention to release its 2019 financial results on
28 October 2019. Later today, the JSE will release an announcement, as it is obliged to do in
terms of para 3.17(b) of its listings requirements, informing Sasol shareholders that the
Company has not released its 2019 provisional financial results and annual financial
statements in accordance with the JSE listings requirements and cautioning that Sasol’s
listing on the JSE is under threat of suspension and possible removal. An annotation to that
effect will also be made on the JSE trading system, which will be removed as soon as
Sasol’s 2019 financial results and annual financial statements are released.

Annual general meeting

The annual general meeting of shareholders of Sasol will be held at 10:00 on Wednesday,
27 November 2019 at The Forum, The Campus, Wanderers Building, 57 Sloane Street,
Bryanston, Johannesburg, South Africa, to transact the business stated in the notice of
annual general meeting (AGM notice). The AGM notice, incorporating a summary of the
2019 annual financial statements will be published on the Sasol website and distributed to
Sasol shareholders by 29 October 2019.

15 October 2019
Sandton

Sponsor: Merrill Lynch South Africa Proprietary Limited

Disclaimer – Forward-looking statements
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, executing our growth projects (including
LCCP), oil and gas reserves, cost reductions, our Continuous Improvement (CI) initiative and
business performance outlook. Words such as “believe”, “anticipate”, “expect”, “intend",
“seek”, “will”, “plan”, “could”, “may”, “endeavour”, “target”, “forecast” 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 on Form
20-F filed on 28 August 2018 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: 15/10/2019 07:05:00
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