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SASOL LIMITED - Update on Sasol's Conference Call

Release Date: 09/03/2020 17:35
Code(s): SOLBE1 SOL     PDF:  
Wrap Text
Update on Sasol's Conference Call

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” or “Company”)


UPDATE ON SASOL’S CONFERENCE CALL

Sasol was scheduled to host a conference call on Tuesday, 10 March 2020, at
15:00 (SAST) in order to discuss the recent outcome of the periodic ratings review
by S&P Global and Moody’s.

Given the latest developments where oil prices have declined significantly and
increased market volatility, the conference call will be moved to Tuesday, 17
March 2020, at 15:00 (SAST). This allows more time to assess the impact of these
latest developments on the market and Sasol in particular.

Balance sheet protection remains a key priority. As communicated during the
interim financial results, we continue to actively manage the balance sheet and
several steps have already been taken to mitigate market volatility. This includes
our hedging programme to mitigate commodity price movements and exchange
rate exposures. We have hedged our US$/ZAR exchange rate and ethane
exposure, but oil price exposure is not hedged for the remainder of FY20.


Conference call details:

Tuesday, 17 March 2020                Time                Dial-in numbers
 South Africa                         15:00               +27 11 535 3600
 United Kingdom                       13:00               +44 (0) 333 300 1418
 United States (ET)                   09:00               +1 508 924 4326
 Other countries                                          +27 11 535 3600

The transcript will be available from March 20, 2020 at 6:00 PM (SA) on Sasol’s
investor relations website.

If you have any questions, please email: investor.relations@sasol.com or contact
Feroza Syed at +27 10 344 9280.

9 March 2020
Johannesburg

Sponsor: Merrill Lynch South Africa Proprietary Limited

Date: 09-03-2020 05:35:00
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