UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
Report on Form 6-K for 13 May 2008
Commission File Number 1-31615
Sasol Limited
1 Sturdee Avenue
Rosebank 2196
South Africa
(Name and address of registrant’s principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or
Form 40-F.
Form 20-F __X__ Form 40-F _____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-
T Rule 101(b)(1): ____
T Rule 101(b)(1): ____
Note : Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted
solely to provide an attached annual report to security holders.
solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-
T Rule 101(b)(7): ____
T Rule 101(b)(7): ____
Note : Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to
furnish a report or other document that the registrant foreign private issuer must furnish and make public
under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized
(the registrant’s “home country”), or under the rules of the home country exchange on which the
registrant’s securities are traded, as long as the report or other document is not a press release, is not
required to be and has not been distributed to the registrant’s security holders, and, if discussing a material
event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
furnish a report or other document that the registrant foreign private issuer must furnish and make public
under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized
(the registrant’s “home country”), or under the rules of the home country exchange on which the
registrant’s securities are traded, as long as the report or other document is not a press release, is not
required to be and has not been distributed to the registrant’s security holders, and, if discussing a material
event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also
thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes _____ No __X__
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b):
82-_______________.
12g3-2(b):
82-_______________.
Enclosures: Sasol expects attributable earnings per share to
increase by between 40% and 50%
increase by between 40% and 50%
Sasol Limited - Sasol expects attributable earnings per share to
increase by between 40% and 50%
(Incorporated in South Africa)
(Incorporated in South Africa)
(Registration number: 1979/003231/06)
ISIN Code: ZAE000006896
ISIN Code: ZAE000006896
Share Code: SOL
NYSE Code: SSL
("Sasol" or "the Company")
("Sasol" or "the Company")
Sasol expects attributable earnings per share to increase by
between 40% and 50%
Sasol's attributable earnings per share for the year ended 30
June 2008 are estimated to increase by between 40% and 50% on the
comparable previous reporting period with headline earnings per
comparable previous reporting period with headline earnings per
share increasing between 50% and 60%.
The increase over the guidance given at the time of the
announcement of our interim results on 10 March 2008 of 'good
announcement of our interim results on 10 March 2008 of 'good
growth compared with the 2007 financial year' is due to the
weakening of the rand against the US dollar, an increase in crude
oil and product prices from the time of the announcement of the
interim results and an improvement in the overall production
rate. However, Synfuels volumes, while still envisaged to be
oil and product prices from the time of the announcement of the
interim results and an improvement in the overall production
rate. However, Synfuels volumes, while still envisaged to be
higher than the prior year, are expected to be lower than
previously foreseen.
previously foreseen.
As pointed out in March, the earnings guidance does not take into
account t he non-cash charges which will result from the Sasol
account t he non-cash charges which will result from the Sasol
Inzalo BEE transaction. As set out in the circular dated 24
April 2008, this transaction will be presented to shareholders
April 2008, this transaction will be presented to shareholders
for approval at a general meeting scheduled for 16 May 2008. Due
to the closing date for the Black Public invitations being
to the closing date for the Black Public invitations being
extended to 5 July 2008, a large portion of the non-cash charges,
previously expected to have impacted the current year's earnings,
previously expected to have impacted the current year's earnings,
will now impact Sasol's financial year 2009 earnings.
Several assumptions have been made in estimating the
expected earnings increase. These assumptions are based on the
best information currently available, and will be clarified and
reviewed over the remainder of the financial year, and may result
in a change in the estimated earnings. In particular, we reported
in a change in the estimated earnings. In particular, we reported
that a material increase in capital expenditure is expected in
respect of the construction of the gas-to-liquids plant at
Escravos in Nigeria in which Sasol has a 37,5% economic interest.
Escravos in Nigeria in which Sasol has a 37,5% economic interest.
Recent estimates indicate an increase of the capital cost of the
project to approximately US$6 billion and a project completion
project to approximately US$6 billion and a project completion
date of 2011. However, a review of the increased capital
expenditure as well as changes to other factors that impact the
expenditure as well as changes to other factors that impact the
project economics have not yet been completed. The outcome of
this review could have an impact on this earnings guidance.
As previously disclosed, it is reasonably possible that the
European Commission will impose a fine on members of the European
paraffin wax industry including Sasol Wax for collective anti-
competitive behaviour. If such a fine is imposed in the current
European Commission will impose a fine on members of the European
paraffin wax industry including Sasol Wax for collective anti-
competitive behaviour. If such a fine is imposed in the current
financial year it could have an impact on this earnings guidance.
As indicated in the past, it is not possible to reliably
As indicated in the past, it is not possible to reliably
estimate the quantum of the fine at this stage.
Sasol's financial results for the year ended 30 June 2008 will be
announced on Monday, 8 September 2008.
The above information has not been reviewed and reported on by
the Company's auditors.
Johannesburg
13 May 2008
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited
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
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.
in the U.S. Private Securities Litigation Reform Act of 1995.
Words such as "believe", "anticipate", "expect", "intend",
"seek", "will", "plan", "could", "may", "endeavor" and "project"
"seek", "will", "plan", "could", "may", "endeavor" and "project"
and similar expressions are intended to identify such forward-
looking statements, but are not the exclusive means of
identifying such statements.
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-
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
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,
differ materially from the plans, objectives, expectations,
estimates and intentions expressed in such forward-looking
statements are discussed more fully in our registration statement
statements are discussed more fully in our registration statement
under the Securities Exchange Act of 1934 on Form 20-F filed on
21 November 2007 and in other filings with the United States
21 November 2007 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
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.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant, Sasol Limited, has
duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: 13 May 2008
By:
/s/ N L Joubert
Name: Nereus Louis Joubert
Title:
Company Secretary