Sasol Limited: Appointment of Executive Director and Chief Financial Officer

Johannesburg (ots/PRNewswire) -

Today, Sasol appointed Bongani Nqwababa as Executive Director and
Chief Financial Officer (CFO) of Sasol with effect from 1 March 2015.

Nqwababa has been an independent non-executive director and a
member of Sasol's Audit Committee since 5 December 2013.

He has been the Finance Director of Anglo American Platinum
Limited since 2009. He is a former Finance Director of Eskom Holdings
SOC Limited and Chief Financial Officer of Shell Southern Africa. He
is also the Chairman of the Audit Committee of the South African
Revenue Service.

Nqwababa holds an Honours degree in Accounting from the University
of Zimbabwe and qualified as a chartered accountant in Zimbabwe in
1991, after training with PricewaterhouseCoopers. He also obtained a
Masters degree in Business Administration from the Universities of
Manchester and Wales, Bangor in 1999.

"Bongani is certainly no stranger to Sasol. We are delighted that
he has agreed to make the shift from being one of our non-executive
Board members to fulfilling a key role on the management team of the
company. Bongani's appointment concludes what was an extensive search
to find a CFO who has both the breadth and depth of experience within
the broader global resources and energy sectors," said Sasol's
President and Chief Executive Officer, Mr David Constable.

Paul Victor will continue as acting CFO of Sasol until Nqwababa
assumes his new position, to ensure a seamless transition.

"Paul hit the ground running as our Acting CFO a year ago. He has
been doing an outstanding job in leading the Finance function during
our extensive change programme and as our teams close out on the
all-important ground work to inform upcoming capital project
decisions. Going forward, Paul will continue to fulfil a crucial
executive role within the Finance function, and will serve as
Bongani's right-hand within the department," said Mr Constable.

The Sasol Board has appointed Nomgando Matyumza, an independent
non-executive director of Sasol, as a member of the Audit Committee
with effect from 26 September 2014, to fill the vacancy resulting
from Mr Nqwababa's resignation. Ms Matyumza is a chartered accountant
and holds an LLB degree.

"We're happy to welcome Gando onto Sasol's Audit Committee. Her
extensive experience, especially in publicly listed companies, will
add great value to our Audit Committee and bolster diversity in the
gender, skill and expertise balance of our Board," said Sasol's
Chairman, Dr Mandla Gantsho.

About Sasol:

Committed to excellence in all we do, Sasol is an international
integrated energy and chemical company that leverages the talent and
expertise of our more than 33 000 people working in 37 countries. We
develop and commercialise technologies, and build and operate
world-scale facilities to produce a range of product streams,
including liquid fuels, high-value chemicals and low-carbon
electricity.

While remaining committed to our home-base of South Africa, Sasol
is expanding internationally based on a unique value proposition

Issued by:

Alex Anderson, Head | Group Media Relations
Direct telephone +27-(11)-441-3295; Mobile +27-(0)-71-600-9605;
alex.anderson@sasol.com

.

ots Originaltext: Sasol
Im Internet recherchierbar: http://www.presseportal.de