Posted in | News | Plastics and Polymers | Business | Chemistry

Sasol to Provide Additional Information on South African Chemical Businesses

Aug 13 2010

Further to the SENS announcement made earlier today Sasol (NYSE: SSL; JSE: SOL) wishes to provide the following supplementary information relating to Sasol Chemical Industries Limited (SCI).

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Shareholders are advised that SCI houses a number of Sasol's South African chemical businesses such as Sasol Nitro, Sasol Polymers, Sasol Solvents and Sasol Wax. In Sasol Limited's public disclosures we have reported on a business segment basis and have not provided the turnover of SCI as a legal entity.

The turnover of SCI excluding transfers to the Sasol Group for the 2009 fiscal year was R22,13 billion.

In our previous announcement we have indicated that at this time there is no reasonable certainty as to whether or not SCI will be found to have contravened competition laws as alleged, whether a penalty will be imposed and the quantum thereof if imposed. There is also no certainty that SCI is the correct base from which to calculate a potential administrative penalty.

Source: http://www.sasol.com/

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