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2007-10-26 11:01
Shell Deutschland Oil GmbH will sell its 50% shareholding in Merkur to Sasol

 

Sasol Wax GmbH and Shell Deutschland Oil GmbH have signed an agreement, subject to German anti-trust clearance, that Shell will sell Sasol its 50% shareholding in their joint venture company, Merkur Vaseline GmbH & Co KG and Merkur Vaseline Verwaltungs GmbH. Merkur markets and sells petroleum jelly and speciality products and is based in Hamburg, Germany.

Both parties agree that this sale is in the best interest of customers and shareholders as it enables each to focus on core strategic drivers for their respective businesses.

Disclaimer - Sasol Limited
Forward-looking statements: In this announcement we make certain statements that are not historical facts and relate to analyses and other information based on forecasts of future results not yet determinable, relating, amongst other things, to exchange rate fluctuations, volume growth, increases in market share, total shareholder return and cost reductions. These are or may be forward-looking statements as defined in the United States Private Securities Litigation Reform Act of 1995. Words such as “believe”, “anticipate”, “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. Forward-looking statements involve inherent risks and uncertainties and, if one or more of these risks materialise, or should underlying assumptions prove incorrect, actual results may be very different from those anticipated. The factors that could cause our actual results to differ materially from such forward-looking statements are discussed more fully in our most recent annual report under the Securities Exchange Act of 1934 on Form 20-F filed on 2 November 2006 and in other filings with the United States Securities and Exchange Commission. Forward-looking statements apply only as of the date on which they are made, and Sasol does not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.

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