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Sasol and Shenhua agree to focus full attention on ....	more >>>

28 August 2008

Sasol and Shenhua agree to focus full attention on the Ningxia Hui Coal to Liquids (CTL) feasibility study.

Sasol and Shenhua today announced that they have agreed to focus their full attention on the 80 000 barrels per day CTL feasibility study in the Ningxia Hui Autonomous Region.

The joint Shenhua Ningxia Coal Group and Sasol Project in the Ningxia Hui Autonomous Region is one of only two CTL projects which will continue with further study and development in China. This strategy aligns with a recent notice issued by the National Development and Reform Commission of the Peoples Republic of China.

The proposed site in the Ningdong Chemical and Energy base has excellent infrastructure. A significant amount of work has been completed in preparing the physical site, providing the platform for potential future expansion. The significant advantages of this approach were demonstrated at Secunda in South Africa during the phased construction of the Sasol Two and Sasol Three projects'.

Governor Wang Zhengwei of the Ningxia Hui Autonomous Region recently visited Sasol in South Africa and has expressed his full support for the project.

Although the greater focus on the Ningxia feasibility study will have the result that Sasol's Shaanxi feasibility study will not proceed at this stage, Sasol and Shenhua will maintain the good relationships with the Shaanxi Province which have been established over many years.

Pat Davies, Chief Executive of Sasol said "I believe that it is the right decision to focus all our attention and resources on ensuring the planning and construction of a world scale 80 000 barrel per day, fully integrated CTL plant in the Ningxia Hui Autonomous Region. Sasol is delighted to be a full partner in the integrated CTL project, to bring its world leading poprietary technology and proven commercial CTL experience to China to produce high quality environmentally friendly fuels and to add significant value to both the Chinese economy and Sasol".

ends

last updated: 28 Aug 2008

Sasol may, in this document, make statements that are not historical facts and relate to analyses and other information based on forecasts of future results and estimates of amounts not yet determinable. These are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "believe", "anticipate", "expect", "intend", "seek", "will", "plan", "could", "may", "endeavor" 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 predictions, forecasts, projections and other forward-looking statements will not be achieved. If one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may be very different from those anticipated. The factors that could cause our actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements are discussed more fully in our registration statement under the Securities Exchange Act of 1934 on Form 20-F filed on October 9, 2009 and in other filings with the United States Securities and Exchange Commission. 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.

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