Sasol Provides Additional Historical Disclosure for Performance Chemicals Segment

JOHANNESBURG, June 30, 2015 /PRNewswire/ --

On 1 July 2014, Sasol introduced a value chain-based operating model for the group, replacing Sasol's previous operating model, which was based on business units organised by product lines. This resulted in a change of its segmental reporting for the 2015 financial year. In order to assist its investors, analysts and other stakeholders to better understand the new segmental reporting structure, Sasol published revised historical segmental reporting for its 2013, 2014 and half-year 2014 financial periods on 21 November 2014. This included other non-financial information, such as Business Performance Metrics for these periods.

Following the publication of this information in November last year, Sasol has been engaging with various stakeholders regarding its new operating model and the revised segmental disclosure. Based on feedback received during these interactions, Sasol has decided to provide some additional historical performance metrics for its Performance Chemicals segment. These additional metrics will also be provided in future quarterly releases of the Business Performance Metrics.

   

                                                                            9 months
                           full year   full year   half year   half year       ended
                           30 Jun 13   30 Jun 14   31 Dec 13   31 Dec 14   31 Mar 15
                             Audited     Audited    Reviewed    Reviewed   Unaudited
    Performance Chemicals
    segment               


    Total feedstock cost
    per ton product (R/ton)    8 404      9 722      10 081       9 943       9 041

    Sales volumes
    Organics (ktpa)            1 848      2 126       1 042       1 103       1 668
    Waxes (ktpa)                 567        563         275         275         407
    Other (ktpa)                 689        729         330         348         490

    Sales*
    Organics (Rm)             37 931     51 626      24 402      26 522      37 398
    Waxes (Rm)                 7 966      9 293       4 394       4 610       6 780
    Other (Rm)                 7 455      9 673       4 438       5 196       8 189

* Revised to reflect external sales only

ktpa - thousand tons per annum

Rm - Rand millions

Note that none of the other metrics published in the most recent release of the Business Performance Metrics published on 7 May 2015 have been changed.

The additional historical performance metrics for the Performance Chemicals segment has not been reviewed and reported on by our auditors.

Disclaimer - Forward-looking statements: Sasol may, in this document, make certain statements that are not historical facts and 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 and cost reductions. 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 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 under the Securities Exchange Act of 1934 on Form 20-F filed on 29 September 2014 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: Cavan Hill, Senior Vice President - Investor Relations, Tel: +2711-441-3113

SOURCE Sasol Limited