Supplementary Information to Previous Announcement in Respect of Referral by Competition Commission of Polymers Industry Investigation to Competition Tribunal
JOHANNESBURG, Aug. 12 /PRNewswire-FirstCall/ -- Further to the SENS announcement made earlier today Sasol (NYSE: SSL; JSE: SOL) wishes to provide the following supplementary information relating to Sasol Chemical Industries Limited (SCI).
Shareholders are advised that SCI houses a number of Sasol's South African chemical businesses such as Sasol Nitro, Sasol Polymers, Sasol Solvents and Sasol Wax. In Sasol Limited's public disclosures we have reported on a business segment basis and have not provided the turnover of SCI as a legal entity.
The turnover of SCI excluding transfers to the Sasol Group for the 2009 fiscal year was R22,13 billion.
In our previous announcement we have indicated that at this time there is no reasonable certainty as to whether or not SCI will be found to have contravened competition laws as alleged, whether a penalty will be imposed and the quantum thereof if imposed. There is also no certainty that SCI is the correct base from which to calculate a potential administrative penalty.
Investor Relations Team
+27 11 441 3321 / 3563
Disclaimer - Forward-looking statements:
In this document we 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 9 October 2009 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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