Sasol Limited ("Sasol") herewith announces that its wholly owned subsidiary 
Sasol Financing USA LLC (the "Issuer") has priced an offering of 
US$-denominated, SEC-registered notes (the "Notes"), including $650 million of 
senior notes due 2026 (the "2026 Notes") and $850 million of senior notes due 
2031 (the "2031 Notes"). The 2026 Notes will bear interest at a rate of 4,375% 
per annum. The 2031 Notes will bear interest at a rate of 5,50% per annum. The 
total orderbook amounted to approximately $4 600 million, which represents an 
oversubscription of more than 3 times.

    "We are very pleased with the uptake and interest in our senior notes. This 
issue is an important step in sharpening our focus on balance sheet management 
under volatile conditions," said Paul Victor, Chief Financial Officer, Sasol 
Limited. "It is testament to the high quality of our credit profile and a 
strong vote of confidence in Future Sasol."

    The Notes will be general unsecured obligations of the Issuer and will be 
fully and unconditionally guaranteed by Sasol Limited. The offering is expected 
to close on 18 March 2021, subject to customary closing conditions. The 
proceeds of the offering will be used for partial repayment of outstanding 
revolving credit facility (RCF) balances and is therefore leverage neutral.

    BofA Securities acted as Global Coordinator. BofA Securities, Citigroup, 
Mizuho and MUFG acted as active Joint Book-Running Managers. ABN AMRO, BNP 
Paribas, Deutsche Bank, Intesa Sanpaolo, J.P. Morgan, SMBC and UniCredit were 
appointed as Passive Joint Book-Running Managers.

    The offering is being made only by means of a prospectus supplement and 
accompanying base prospectus. A registration statement, preliminary prospectus 
supplement and accompanying base prospectus relating to the offering and 
containing detailed information about Sasol and its management, as well as 
financial statements, have been filed with the Securities and Exchange 
Commission and are available on its website at http://www.sec.gov. When 
available, copies of the final prospectus supplement and accompanying base 
prospectus for the offering may be obtained from: BofA Securities, Inc., 
telephone: +1 800 294 1322; Citigroup Global Markets Inc., telephone +1 800 831 
9146; Mizuho International plc, telephone:+44 20 7090 6698; or MUFG Securities 
Americas Inc., telephone: +1 877 649 6848.

    This announcement does not constitute an offer to sell or a solicitation of 
an offer to buy, nor shall there be any sale of any of the securities in any 
jurisdiction in which such offer, solicitation or sale would be unlawful prior 
to registration or qualification under the securities laws of any such 
jurisdiction. The securities being offered have not been approved or 
disapproved by any regulatory authority, nor has any such authority passed upon 
the accuracy or adequacy of the prospectus supplement, base prospectus or the 
shelf registration statement.

    Issued by: 
    Matebello Motloung, 
    Manager: Group Media Relations 
    Direct telephone: +27 (0) 10 344 9256; Mobile: +27 (0) 82 773 9457 
    matebello.motloung@sasol.com 

    About Sasol:
    Sasol is a global integrated chemicals and energy company. We harness our 
knowledge and experience to integrate sophisticated technologies and process 
into our world-scale operating facilities. We safely and sustainably source, 
produce and market a range of high-value product streams in 30 countries, 
creating superior value for our customers, shareholders and other stakeholders.

    About Sasol's Information Privacy Policy:
    We wish to inform you about the processing of your Personal Information by 
Sasol South Africa Limited and your rights under applicable data protection 
law, as interpreted and included in Sasol Information Privacy Policy. 

    Within our company, only Sasol Group Media Relations will receive your 
Personal Information to fulfil the purpose of maintaining the relationship with 
the receiver in his/her capacity as a member of the media. You have the right 
to request for the correction or deletion of your Personal Information stored 
by us at address: Sasol Place, 50 Katherine Street, Sandton in Johannesburg. 
You also have a right to restrict the processing of your Information. To 
exercise your privacy rights or find out more about Information Privacy Policy, 
kindly contact our Privacy Office on: privacy@sasol.com 

    Forward-looking statements – Disclaimer: Sasol may, in this document, 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 the execution, timing and completion of the offering of the Notes and 
the use of proceeds therefrom. Words such as "believe", "anticipate", "expect", 
"intend", "seek", "will", "plan", "could", "may", "endeavour", "target", 
"forecast", "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 in such forward-looking statements. 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 on Form 20-F filed on 24 
August 2020 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 the foregoing factors and other uncertainties and events and 
you should not place undue reliance on forward-looking statements. 
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.

    MiFIR professionals / ECPs-only / No PRIIPs KID – No PRIIPs/UK PRIIPs key 
information document (KID) has been prepared as not available to retail in EEA 
or the UK. No sales to retail clients in the EEA or the UK, as defined under 
MiFID II and UK MiFIR. Manufacturer target market (UK MiFIR product governance) 
is eligible counterparties and professional clients only (all distribution 
channels).

    This communication is being distributed to, and is directed only at, 
persons in the United Kingdom in circumstances where section 21(1) of the 
Financial Services and Markets Act 2000 does not apply.

    Please note: One billion is defined as one thousand million. bbl – barrel, 
bscf – billion standard cubic feet, mmscf – million standard cubic feet, oil 
references brent crude, mmboe – million barrels oil equivalent. All references 
to years refer to the financial year 30 June. Any reference to a calendar year 
is prefaced by the word "calendar".


    Source: Sasol Limited