Johannesburg - In 2017, Sasol commenced a detailed asset review to ensure all assets in the company's global portfolio deliver against stringent financial metrics and are aligned with the company's growth strategy.

In line with this review, Sasol's explosives business was identified as having substantial growth potential that could be unlocked through collaboration opportunities, including the possibility of partnering with a world-class explosives brand.

Following a stringent evaluation process, Enaex S.A., a subsidiary of the Sigdo Koppers

Group, was selected as Sasol's preferred partner to explore a possible formation of a joint venture.

Sasol and Enaex have successfully completed negotiations, whereafter an application to the Competition Commission will be submitted for approval of the proposed joint venture. Once Competition Commission approval is received, Sasol and Enaex will form a new company and Sasol will transfer its explosives' business, to the new company as a going concern.

Enaex brings almost a century's experience in the global explosives market with their core business being Ammonium Nitrate production, explosives production and blasting services, making them one of the few explosives companies in the world that can produce and offer the entire spectrum of products and solutions to execute the blasting process. Enaex, as majority shareholder, will take over management and operational control of the new company.

Meaningful participation for BBBEE (initially up to 26%) has also been catered for in the shareholding structure in line with South Africa's transformation agenda, which is fully supported by Sasol and Enaex.

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.

Contact:

Alex Anderson

Tel: +27 10 344 6509

Email: alex.anderson@sasol.com

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