Headline Earnings per Share ("HEPS") and Earnings per Share ("EPS") for the financial year ended 30 June 2009 better than expected. HEPS expected to decrease by between 32% and 37% and EPS expected to decrease by between 37% and 42% compared to the prior year. JOHANNESBURG, Aug. 26 /PRNewswire-FirstCall/ -- Sasol Limited (JSE:SOL) ( NYSE: SSL) -- Introduction In our trading statement issued on 19 June 2009, we indicated that our EPS and HEPS were expected to decrease by between 40% and 50%. At the time we cautioned that our results may be further impacted by changes in the oil and product prices, the impact of a much stronger rand on closing financial assets and liabilities as well as any adjustments resulting from our year-end process and that these may result in a change in the estimated earnings. Developments in final month of trading The negative effect of the stronger R/USD closing exchange rate was less than anticipated on closing balances, the strengthening of the Brent crude oil price and product prices during June 2009 exceeded expectations and higher refining margins as well as greater positive stock effects than forecasted were experienced. In addition, the decline in the Sasol share price during June 2009 resulted in lower share-based payment expenses. All of these positive factors contributed to the current profit expectation being better than expected than at the time of the issuance of the trading statement on 19 June 2009. Provision in respect of Escravos Gas-to-Liquids (EGTL) interest Management has prudently decided to make a provision in the amount of R1,279 million in respect of the EGTL interest disposed of. Further details will be provided in the final financial results announcement. Revised profit outlook for full 2009 financial year Taking cognisance of the above mentioned factors, the HEPS for the full 2009 financial year are expected to decrease by between 32% and 37%, and EPS are expected to decrease by between 37% and 42% compared to the prior year. Sasol's financial results for the year ended 30 June 2009 will be announced on Monday, 14 September 2009. The financial information on which the above information is based has not been reviewed or reported on by the Company's auditors. The Sasol Investor Relations team Tel.: +27 11 441 3113 / 3563 / 3321 Forward looking statements 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", "endeavour" 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 7 October, 2008 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. DATASOURCE: Sasol Limited CONTACT: Sasol Investor Relations team, +27-11-441-3113, +27-11-441-3563, or +27-11-441-3321, Web Site: http://www.sasol.com/

Copyright