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ANNOUNCEMENT REGARDING SUSPENSION OF SIPBEE SHARES

Date: 
07 May 2018
  1. We refer to the SENS announcement published on Friday, 6 April 2018 regarding the suspension of SIPBEE Shares when it was announced that trading in SIPBEE Shares on the BEE Segment of the JSE would be suspended from Wednesday, 9 May 2018 until they were delisted on or about Friday, 7 September 2018 in accordance with the terms of their listing on the BEE Segment on 1 December 2015.  The board of Sasol Inzalo, having reconsidered the matter and that it would be in the best interests of the shareholders and the Company, has resolved that the suspension should endure only until the close of trade on Thursday, 31 May 2018.  The JSE has agreed accordingly to lift the suspension on that basis.
  2. Trading in SIPBEE Shares on the BEE Segment of the JSE will be suspended from Wednesday, 9 May 2018 until the close of trade on Thursday, 31 May 2018.  Suspension in SIPBEE shares will be lifted at commencement of business on Friday, 1 June 2018 on the BEE Segment and will again be suspended on Tuesday, 4 September 2018 until such shares are delisted on Friday, 7 September 2018. 
  3. Detailed factual information, which has previously been made available, concerning Sasol Inzalo, which will enable the market to price the SIPBEE Shares appropriately, will be published shortly before the suspension is due to be lifted on Friday, 1 June 2018.

 

Sasol may, in this document, make certain statements that are not historical facts that 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 and cost reductions, including in connection with our BPEP, RP and our 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.
 
Please note: One billion is defined as one thousand million. bbl – barrel, bscf – billion standard cubic feet, mmscf – million standard cubic feet, oil references brent crude, mmboe – million barrels oil equivalent. All references to years refer to the financial year 30 June. Any reference to a calendar year is prefaced by the word “calendar”. 
 
Comprehensive additional information is available on our website: www.sasol.com