26 March 2008

SASOL WAX ACQUIRES LUXCO WAX TO EXPAND OPERATIONS IN NORTH AMERICA.

Sasol Wax, the leading producer and marketer of synthetic and petroleum-derived wax, announced today that it has acquired the remaining 50% share of its North American joint venture Luxco Wax, turning it into a wholly owned Sasol Wax operation.

Luxco Wax, with a unique blending plant located in Richmond, California, is a leading supplier of wax specialities to a diverse group of industries, with particular strengths west of the Rocky Mountains. Sasol Wax has enjoyed a successful partnership in Luxco Wax since 1998.

This acquisition is a key part of a process to consolidate and focus Sasol Wax's holdings and position in the global market place. Apart from this acquisition, Sasol Wax sold its shares in two joint ventures in mid 2007 and earlier this year acquired the outstanding 50% share in Merkur, a former joint venture with Shell in Germany.

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