Sasol Limited -- Change in Executive Responsibilities of a Director and other members of the Group Executive Committee
JOHANNESBURG, South Africa, May 29, 2012 /PRNewswire/ --
Sasol today announced the following organisational changes to its Group Executive Committee, effective 1 July 2012:
- Nolitha Fakude, an executive director of Sasol, will assume responsibility for Group Strategy and Public Policy and Regulatory Affairs, Group Human Resources, Sasol Shared Services, Group Stakeholder Relations, Corporate Affairs and Transformation;
- Andre de Ruyter, Senior Group Executive: Global Chemicals and North American Operations, will assume responsibility for the soon to be established North American Operations, in addition to his current responsibility for Sasol Wax, Sasol Olefins & Surfactants, Sasol Polymers, Sasol Nitro and Sasol Infrachem. Andre will also be responsible for the Group's Planning and Optimisation, Operations Excellence and the Marketing and Sales Centre of Support activities;
- Bernard Klingenberg and Riaan Rademan will retain their existing portfolios, but will report directly to the Chief Executive Officer.
Bernard Klingenberg is the Group Executive, Southern Africa Energy, responsible for Sasol Synfuels, Sasol Oil, Natref and Sasol Gas. Riaan Rademan is the Group Executive, Mining and Business Enablement, responsible for Sasol Mining, Supply Chain, Safety, Health and Environment, Information Management and Functional Excellence.
Sasol Investor Relations
Tel.: +27 (0)11 441 3321/ 3562
Johannesburg
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited
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 7 October 2011 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.
SOURCE Sasol Limited
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