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JSE: SOL - SOLBE1 - Joint Declaration and Finalisation Announcement

Publication Date: 
Friday, April 6, 2018

Joint Declaration and Finalisation Announcement

Sasol Limited
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
Sasol Ordinary Share codes: JSE: SOL NYSE: SSL
Sasol Ordinary ISIN codes: ZAE000006896 US8038663006
Sasol BEE Ordinary Share code: JSE: SOLBE1
Sasol BEE Ordinary ISIN code: ZAE000151817
("Sasol")

Sasol Inzalo Public (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration number 2007/030646/06)
Sasol Inzalo Public Ordinary Share code: JSE: SIPBEE
Sasol Inzalo Public Ordinary ISIN: ZAE000210050
("Sasol Inzalo Public")

Sasol Khanyisa Public (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration number 2017/663901/06)
("Sasol Khanyisa")

JOINT DECLARATION AND FINALISATION ANNOUNCEMENT REGARDING THE FREE SHARE
ALLOCATION RELATING TO THE SASOL KHANYISA TRANSACTION

1. The shareholders of Sasol at the meeting held on Friday, 17 November 2017 approved a transaction
known as the Sasol Khanyisa transaction. The Sasol Khanyisa transaction comprised a number of
elements, one of which is a free share allocation (“Free Share Allocation”) under the Sasol Khanyisa
Invitation. High level details of the Sasol Khanyisa Invitation can be found in the circular to Sasol
shareholders dated Wednesday, 18 October 2017, which is available on the Sasol website at
<Origin Href="Link">www.sasol.com</Origin>.

2. We refer to the joint announcement published on 29 March 2018 relating to the Free Share Allocation
to holders of SOLBE1 Shares and SIPBEE Shares whose names appear on the relevant securities
registers on Friday, 6 April 2018 (&quot;Record Date&quot;) (&quot;Eligible Shareholders&quot;).

3. Sasol Khanyisa will send a letter (&quot;Letter&quot;) to Eligible Shareholders on 16 April 2018 with full details
of their entitlement to receive:

3.1. from Sasol Khanyisa Public, ordinary shares for free; and

3.2. from Sasol, arranged by Sasol Khanyisa Public, SOLBE1 Shares for free,

(&quot;Free Shares&quot;).
2

4. Disposals of SOLBE1 Shares and/or SIPBEE Shares

Eligible Shareholders need to be aware that from the date of this announcement:

4.1. if SOLBE1 Shares are sold before Wednesday, 9 May 2018, the buyer/s will receive the right
to the associated portion of the Free Shares (this is what is known as trading &quot;cum rights&quot;);

4.2. if SIPBEE Shares are sold before Wednesday, 9 May 2018 when trading in SIPBEE Shares
will be suspended, they will be sold cum rights and that, accordingly, the buyer/s will receive
the right to the associated portion of the Free Shares.

5. Suspension of trading in SIPBEE Shares

5.1. Trading in SIPBEE Shares on the BEE Segment of the JSE will be suspended from
Wednesday, 9 May 2018 until they are delisted on or about 7 September 2018 in accordance
with the terms of their listing on the BEE Segment on 1 December 2015.

5.2. The reason for the suspension is to avoid any purchaser of SIPBEE Shares after Wednesday,
9 May 2018 from having any expectation that such purchaser will receive the portion of the
Free Share Allocation applicable to those SIPBEE Shares.

6. Important dates

Record Date Friday, 6 April 2018
Any disposals of SOLBE1 Shares and/or Period from Friday, 6 April 2018 to Tuesday,
SIPBEE Shares from the date of this 8 May 2018
announcement until close of trade on Tuesday,
8 May 2018, will be cum rights
Letter sent to Eligible Shareholders concerning Wednesday, 11 April 2018 for Letter dispatched
the Free Share Allocation by post and Monday, 16 April 2018 for Letter
dispatched electronically
Opening of period during which Eligible Monday, 16 April 2018
Shareholders can reject the Free Share
Allocation
Trading in existing SOLBE1 Shares restricted if Period from date on which the rejection form
the rejection form attached to the Letter is attached to the Letter is received by
delivered Computershare, your CSDP or broker until
Monday, 14 May 2018
Trading in SIPBEE Shares restricted From the earlier of the date on which the
rejection form attached to the Letter is received
by Computershare, your CSDP or broker or
Wednesday, 9 May 2018, when all trading in
SIPBEE Shares will be suspended, until the
delisting of SIPBEE Shares from the JSE
Last day to trade SOLBE1 Shares and/or Tuesday, 8 May 2018
SIPBEE Shares cum rights
Trading in SIPBEE Shares (ex rights) will be From Wednesday, 9 May 2018 until the delisting
suspended on the BEE Segment of the JSE of SIPBEE Shares from the JSE
Last day and time by which Eligible Shareholders 12h00 on Friday, 11 May 2018
can reject the Free Share Allocation
Record date to receive Free Share Allocation Friday, 11 May 2018
Announcement of results of the Free Shares Wednesday, 23 May 2018
Allocation
3

Date on which Free Shares will be issued Friday, 1 June 2018
Delisting of SIPBEE Shares from the JSE On or about 7 September 2018

Sandton
6 April 2018

Sponsor
Deutsche Securities (SA) Proprietary Limited

Sole Financial Advisor
Rothschild (South Africa) Proprietary Limited

Joint South African Legal Advisors
Edward Nathan Sonnenbergs Inc
Poswa Inc

US Legal Advisors
Shearman &amp; Sterling

Date: 06/04/2018 08:21:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (&apos;JSE&apos;).
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