Edgar Filing: SASOL LTD

Page 1

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

Report on Form 6-K for 20 May 2009

Commission File Number 1-31615

Sasol Limited

1 Sturdee Avenue

Rosebank 2196

South Africa

(Name and address of registrant’s principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or
Form 40-F.

Form 20-F __X__ Form 40-F _____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-
T Rule 101(b)(1): ____

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted
solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-
T Rule 101(b)(7): ____

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to
furnish a report or other document that the registrant foreign private issuer must furnish and make public
under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized
(the registrant’s “home country”), or under the rules of the home country exchange on which the
registrant’s securities are traded, as long as the report or other document is not a press release, is not
required to be and has not been distributed to the registrant’s security holders, and, if discussing a material
event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also
thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.

Yes _____ No __X__

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b):
82-_______________.

Enclosures: Sasol Nitro Settlement and Competition Law Compliance
Review

Sasol Limited

(Incorporated in South Africa)
Registration number: 1979/003231/06

ISIN Code: ZAE000006896
JSE Code: SOL

NYSE Code: SSL
(“Sasol”)

SASOL NITRO SETTLEMENT AND COMPETITION LAW COMPLIANCE REVIEW

The Competition Tribunal today confirmed the settlement
agreement, reached between the Competition Commission of South

Africa and Sasol Nitro, a division of Sasol Chemical Industries
Limited, relating to its fertiliser and phosphoric acid
businesses.

The confirmation of the agreement has the effect of a full and

final settlement and conclusion of all proceedings between the
Commission and Sasol Chemical Industries Limited relating to any

alleged contraventions by Sasol Chemical Industries Limited

(Sasol Nitro division) of section 4(1)(b) (prohibiting collusive

conduct) of the South African Competition Act that were the
subject of the Commission’s investigations in respect of the
Nutri-Flo matter and the phosphoric acid investigation.

The remainder of the Nutri-Flo matter and the Profert matter,

which deal with allegations of abuse of dominance in the market
place, form the subject-matter of continuing engagement between

Sasol and the Competition Commission.

The original settlement agreement, of 4 May 2009, was concluded

with the Competition Commission relating to alleged
contraventions by Sasol Chemical Industries Limited (Sasol Nitro

division) of section 4(1)(b) (prohibiting collusive conduct) of
the South African Competition Act that were the subject of the

Commission’s investigations in respect of the Nutri-Flo matter
and the phosphoric acid investigation. In terms of the agreement

Sasol Chemical Industries Limited agreed to pay an administrative

penalty of R188, 01 million. This agreement was subject to
confirmation by the Competition Tribunal.

In the course of Sasol’s ongoing investigation into anti-

competitive behaviour within its fertilizer and phosphoric acid
business, additional and relevant information was uncovered last

week, after intensive and repeated interviews with employees and
ex-employees. Sasol immediately reported the new information to

the Competition Commission.

In light of the new information, Sasol tendered an amendment to

the previously announced settlement agreement, to expand the

scope of the admissions that Sasol made in respect of the anti-

competitive conduct in the fertilizer industry.

The Competition Commission agreed to the amendments regarding

Sasol’s admission of a contravention of the Act. It indicated the
amendment would result in an increase in the administrative fine,

that Sasol agreed to pay in terms of the original settlement
agreement, from R188,01 million to R250,68 million.

“This is another milestone in a continuing process that was

started in July last year and we will not rest until we have
cleaned out the cupboard entirely” Pat Davies, Chief Executive,
said.

The revised administrative penalty, agreed by Sasol and the

Competition Commission, was today confirmed at a sitting of the
Competition Tribunal in Pretoria. The amount must be paid within

60 days of the confirmation.

“As the chief executive, I, representing Sasol, accept full
responsibility for the wrongdoing and apologise, both singularly

and collectively, to all those who may have been impacted by the

conduct of managers and employees within the Sasol Nitro business
unit in the early to mid-2000’s” Davies said.

20 May 2009

Johannesburg

Issued by Sponsor: Deutsche Securities (SA) (Pty) Limited

Disclaimer - Forward looking statements

In this announcement we 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 exchange rate fluctuations,

volume growth, increases in market share, total shareholder

return and cost reductions. Words such as “believe”,

“anticipate”, “expect”, “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. 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.

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 under the Securities

Exchange Act of 1934 on Form 20-F filed on 7 October 2008 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 both these
factors and other uncertainties and events. 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.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant, Sasol Limited, has
duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: 20 May 2009

By:

/s/ N L Joubert

Name: Nereus Louis Joubert

Title: Company Secretary