Progress on Chief Executive Succession

Mar 08, 2011, 05:22 ET from Sasol

JOHANNESBURG, March 8, 2011 /PRNewswire/ -- As announced previously, Sasol's Board commenced a process to identify a successor to the current Chief Executive of Sasol, Mr. Pat Davies. Mr. Davies reaches the normal retirement age for Sasol executives in March this year and as previously announced it was agreed to extend his tenure as Chief Executive for up to a year after his normal retirement date until his successor has been appointed.

The Board has made good progress in finding a successor and it is envisaged that a further announcement will be made by the end of June 2011.

Hixonia Nyasulu

Chairman

Sasol Investor Relations

Tel.: +27 (0)11 441 3321 / 3563


Sponsor

Deutsche Securities (SA) (Pty) Limited



SOURCE Sasol