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 September 21, 2017

Commission File Number 1-31615

Sasol Limited
50 Katherine Street
Sandton 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-_______________.d

Enclosures: Sasol announcement regarding broad-based black economic 
empowerment


Incorporated in the Republic of South Africa)
Registration number 1979/003231/06
Sasol Ordinary Share codes: JSE: SOL NYSE: SSL
Sasol Ordinary ISIN codes: ZAE000006896 US8038663006
Sasol BEE Ordinary Share code: JSE: SOLBE1
Sasol BEE Ordinary ISIN code: ZAE000151817
("Sasol" or the "Company")


SASOL LIMITED - SASOL ANNOUNCEMENT REGARDING BROAD-BASED BLACK ECONOMIC 
EMPOWERMENT

SASOL ANNOUNCEMENT REGARDING BROAD-BASED BLACK ECONOMIC EMPOWERMENT

As a company proudly rooted in our South African heritage, we 
embrace broad-based black economic empowerment ("B-BBEE") as a key 
enabler for economic transformation and inclusive growth. We are 
committed to contributing meaningfully to sustainable 
transformation and view this as both a social and business 
imperative. As part of our ongoing commitment to transformation, we 
are pleased to introduce Sasol Khanyisa, our proposed new B-BBEE 
ownership structure.

OUR SASOL INZALO BLACK ECONOMIC EMPOWERMENT TRANSACTION NEARS THE END OF ITS 
10-YEAR TERM

Sasol shareholders are reminded that the Sasol Inzalo B-BBEE 
transaction ("the Sasol Inzalo Transaction"), which was created in 
2008 with the objective of providing many South Africans with the 
opportunity to own an equity interest in Sasol, will come to an end 
in 2018. The Sasol Inzalo Transaction included the following 
participants:

- the Sasol Inzalo employee trusts ("Sasol Inzalo employee 
trusts");
- the Sasol Black Economic Empowerment ("BEE") ordinary ("SOLBE1") 
shareholders ("Inzalo Cash Element" or "SOLBE1  shareholders");
- the Sasol Inzalo Groups funded element ("Inzalo Groups element" 
or "Inzalo Groups") and the Sasol Inzalo Public funded element 
("Inzalo Public Funded element" or "Inzalo Public"); and
- the Sasol Inzalo Foundation.

54 different selected entities participated in Inzalo Groups, which 
included groups comprising Sasol customers, suppliers, franchisees 
and non-governmental organisations. In addition, more than 200 000 
members of the South African black public participated in the 
Inzalo Public Funded element and Sasol Limited has more than 50 000 
SOLBE1 shareholders. Approximately 23 000 Sasol employees 
participated in the Sasol Inzalo employee trusts.

The Sasol Inzalo employee trusts will come to an end in 2018 and 
separately the new Sasol Khanyisa Employee Share Ownership plan 
("ESOP"), as described in paragraph 3.3 below, will be implemented. 
Since 2008, the Sasol Inzalo employee trusts received dividends in 
the amount of approximately R1,6 billion equivalent to approximately  
R52 000 per participant. Based on the closing Sasol Ordinary share 
price (SOL) of R389 on 4 September 2017 there will be no 
distribution of SOL shares to participants in the Sasol Inzalo 
employee trusts when the Sasol Inzalo Transaction ends in 2018.
SOLBE1 shareholders will, subject to the requisite Sasol 
shareholder approval being obtained, be given the right to 
participate in Sasol Khanyisa in accordance with the terms and 
conditions described in paragraph 3.1 below.

In relation to the Inzalo Groups element and the Inzalo Public 
Funded element, the acquisition through subsidiaries ("Inzalo 
FundCos") of preferred ordinary shares in Sasol ("Preferred 
Ordinary Shares") by Sasol Inzalo Groups (RF) Limited and Sasol 
Inzalo Public (RF) Limited (together "Inzalo") was partly funded by 
way of equity contributions     from Inzalo shareholders, with a 
large portion of the required funding being raised by the issue of 
preference shares by the Inzalo FundCos to Sasol and various banks. 
Sasol and its wholly-owned subsidiary, Sasol Financing (Pty) Ltd 
("Sasol Financing"), provided a residual guarantee for the full 
redemption and cumulative dividends of a portion of the preference 
share funding taken up by various banks.

The Inzalo FundCos will be required to dispose of the Preferred 
Ordinary Shares in order to be in a position to redeem the 
preference share funding and cumulative dividends in 2018. Any 
shortfall in the value of the Preferred Ordinary Shares held by the 
Inzalo FundCos will be made good through a subscription of shares by 
Sasol in the Inzalo FundCos. Based on the closing SOL share price of 
R389 on 4 September 2017, there is a shortfall (backed by the 
guarantee referred to above) and a funding commitment for the Sasol 
Group of approximately R2,1 billion, and as a result there will be 
no distribution of SOL shares to Inzalo Groups and the Inzalo Public 
Funded element participants when the Sasol Inzalo Transaction ends 
in 2018.

Sasol's preferred funding option, subject to shareholder approval, 
is that Sasol repurchases the Preferred Ordinary Shares from the 
Inzalo FundCos at the 30 day volume weighted average price ("VWAP") 
of a SOL share at the relevant time utilising cash raised through an 
issue of up to 43 million SOL shares through an accelerated book-
build to facilitate the issue. Sasol will only issue such number of 
SOL shares which are required for the above purpose.

The Sasol Inzalo Foundation will be renamed and will continue as a 
public benefit organisation, driving excellence in science, 
technology, engineering and mathematics (STEM) education at all 
levels of the education value chain. The Sasol Inzalo Foundation 
benefitted over 20 million learners in South African public schools 
by way of 118 natural science, technology and mathematics school 
work books that were developed. In addition, more than 800 
bursaries and fellowships have been awarded to students at 16 South 
African universities, to name but a few examples.

PROPOSED IMPLEMENTATION BY SASOL OF SASOL KHANYISA, A R21 BILLION 
BROAD-BASED BLACK ECONOMIC EMPOWERMENT TRANSACTION

1. OVERVIEW

Separately from the termination of the Sasol Inzalo Transaction, 
the board of directors of Sasol (the "Board") intends, subject 
to, inter alia, shareholder approval, to implement the Sasol 
Khanyisa transaction ("Sasol Khanyisa") in fulfilment of the 
ownership requirements of the Revised Codes of Good Practice 
(the "Codes"), which came into effect on 1 May 2015. The Sasol 
Khanyisa ownership structure is intended to achieve 
approximately 20% direct black ownership in Sasol South Africa 
Proprietary Limited ("SSA"), currently a wholly-owned subsidiary 
of Sasol, for a period of up to ten years (the "Khanyisa 
Empowerment Period") which, along with black ownership   at 
Sasol, translates (for measurement purposes) into at least 25% 
black ownership at SSA level for the Khanyisa Empowerment 
Period. Sasol Khanyisa will enable Sasol to meet its net 
ownership objectives under the Codes and to achieve empowerment 
on an ongoing basis thereafter due to an automatic exchange at 
the end of the Khanyisa Empowerment Period of shares in Sasol 
Khanyisa or SSA for SOLBE1 shares listed on the Johannesburg 
Stock Exchange, as more fully described in paragraph 4 below.

2. CREATION OF A SUSTAINABLE B-BBEE STRUCTURE THROUGH SASOL KHANYISA

Sasol's contributor status in terms of the Codes is based on the 
Sasol Group's performance across each of the following pillars: 
equity ownership, management control, skills development, 
enterprise and supplier development (which includes preferential 
procurement expenditure as a sub-component) and socio-economic 
development.

By implementing Sasol Khanyisa, Sasol will seek to ensure 
ongoing and sustainable equity ownership of Sasol by black South 
Africans. Whilst Sasol Khanyisa will have a finite period of 
ownership as regards SSA, the transaction has been structured to 
have a long-lasting effect on Sasol after the Khanyisa 
Empowerment Period. To this end, shareholders in Inzalo 
Public and Inzalo Groups ("Inzalo Shareholders"), holders of 
SOLBE1 shares on the requisite record dates for participation, 
and qualifying Sasol employees who are beneficiaries in the 
Sasol Inzalo employee trusts ("Sasol Inzalo employee trust 
participants") and who are in the employ of the Sasol Group on    
18 May 2018, will have an opportunity to participate in Sasol 
Khanyisa with effect from 1 June 2018 (or such other date as 
Sasol may determine) ("Effective Date").

In addition to the above, Sasol employees, who are Black Persons 
as defined in the B-BBEE Act ("Black Persons") and who are 
employed by the Sasol Group on 18 May 2018, and new such 
employees joining the Sasol Group between 19 May 2018 and the 
5th anniversary of the Effective Date, will also be afforded the 
opportunity to further participate in the Sasol Khanyisa  ESOP.
Sasol has been primarily guided by the following design 
principles in structuring Sasol Khanyisa:

2.1 achieving effective (direct and indirect) B-BBEE ownership 
credentials of at least 25% for SSA and, ultimately, after 
the settlement of any residual funding obligations 
outstanding at that date, achieving ongoing and sustained, 
unencumbered B-BBEE ownership of SOLBE1 shares;

2.2 achieving a sustainable B-BBEE transaction at an acceptable 
economic cost and within market norms;

2.3 maintaining appreciable involvement of broad-based women's 
groups for the duration of the Khanyisa Empowerment  Period;

2.4 incentivising qualifying Inzalo participants (as defined in 
paragraph 3.2 below) and eligible SOLBE1 shareholders (as 
defined in paragraph 3.2 below) to participate in Sasol 
Khanyisa by offering ordinary shares in Sasol Khanyisa Public 
(RF) Proprietary Limited ("Sasol Khanyisa Public") for no 
consideration payable by them, which will result in them 
holding shares indirectly in SSA;

2.5 providing Sasol Inzalo employee trust participants and 
qualifying Sasol employees the opportunity to participate in 
Sasol Khanyisa by acquiring vested rights through a new 
employee share ownership plan in SSA;

2.6 Sasol will be providing notional and other vendor funding for 
Sasol Khanyisa; and

2.7 promoting direct, unencumbered investment in Sasol in the 
form of SOLBE1 shares from the date of implementation of 
Sasol Khanyisa.

3. TERMS OF SASOL KHANYISA

Sasol Khanyisa consists of three distinct elements:

3.1 SOLBE1 shareholders to elect not to re-designate their 
SOLBE1 shares to Sasol ordinary shares

Current SOLBE1 shareholders will, subject to the requisite 
Sasol shareholder approval being obtained, be given the 
right, by way of a specific invitation to be extended by 
Sasol to elect that their entire holding of SOLBE1 shares 
will not re-designate to SOL shares in accordance with their 
existing rights ("the Election"). This opportunity to make 
the Election will be made available by Sasol to all SOLBE1 
shareholders recorded on the share register at a date to be 
selected by Sasol in its sole discretion (the "Election 
Record Date").

SOLBE1 shareholders, pursuant to having made the Election, 
will retain their existing SOLBE1 shares and will receive 
from Sasol one additional SOLBE1 share, by way of a bonus 
award, for every four SOLBE1 shares beneficially owned on the 
Election Record Date, with fractional entitlements rounded 
up where necessary ("SOLBE1 Bonus Award"). The SOLBE1 shares 
held by such SOLBE1 shareholders will remain listed on the 
Empowerment Segment of the Main Board of the Johannesburg 
Stock Exchange ("JSE"). Application will   be made to the 
JSE for the listing of the shares comprising the SOLBE1 
Bonus Award with effect from the Effective Date.

In order to effectively facilitate the process, Sasol will 
determine an earlier date than originally envisaged, 
occurring during the period from 1 April 2018 to 27 June 
2018, to be the date on which the SOLBE1 shares re-designate 
to SOL shares.

Those SOLBE1 shares held by SOLBE1 shareholders who do not 
make the Election will re-designate to SOL shares and they 
will accordingly not participate in Sasol Khanyisa. 
Application will be made to the JSE to amend the listing of 
the requisite number of SOLBE1 shares that have re-
designated to SOL shares with effect from the date of re-
designation.

3.2 Sasol Khanyisa Invitation to SOLBE1 shareholders and 
Sasol Inzalo participants

Separately, Sasol Khanyisa Public will extend an invitation 
to eligible SOLBE1 shareholders and qualifying Sasol Inzalo 
participants ("Sasol Khanyisa Invitation"). Invitees will be 
deemed to have accepted the invitation unless they have 
indicated in writing that they do not wish to participate.
Eligible SOLBE1 shareholders are the holders of SOLBE1 
shares on the Sasol Khanyisa invitation record    date (the 
"Sasol Khanyisa Invitation Record Date"), being the day after 
the date on which the SOLBE1 shares held by those SOLBE1 
shareholders who do not exercise the Election, re-designate 
as SOL shares.

Qualifying Sasol Inzalo participants are all Inzalo 
Shareholders who are shareholders in Inzalo Public and 
Inzalo Groups at the Sasol Khanyisa Invitation Record Date.
Sasol Khanyisa Public will extend the Sasol Khanyisa 
Invitation as follows:

- Eligible SOLBE1 shareholders will be issued on the 
Effective Date, for no consideration payable by them:
	- by Sasol Khanyisa Public, one share in Sasol Khanyisa 
	Public for every one SOLBE1 share beneficially owned on 
	the Sasol Khanyisa Invitation Record Date; and

	- by Sasol, one SOLBE1 share for every ten Sasol Khanyisa 
	Public shares to be beneficially owned.

	- Qualifying Sasol Inzalo participants will be issued on
 	the Effective Date, for no consideration payable by them:

	- by Sasol Khanyisa Public, one share in Sasol Khanyisa 
  	Public for every one Sasol Inzalo share beneficially 
	owned on the Sasol Khanyisa Invitation Record Date; and

	- by Sasol, one SOLBE1 share for every ten Sasol Khanyisa 
	Public shares to be beneficially owned.

Application will be made to the JSE for the listing of the 
SOLBE1 shares, issued in respect of the Sasol Khanyisa 
Invitation, on the JSE on the Effective Date.

3.3 Sasol Khanyisa Employee Share Ownership Plan
The Sasol Khanyisa ESOP consists of two employee share 
ownership plans, one for Sasol Inzalo employee trust 
participants and the other for qualifying Black Sasol 
employees, both of whom will become vested beneficiaries of 
the Sasol Khanyisa ESOP Trust, unless they 'opt out', for no 
consideration to them. The Sasol Khanyisa ESOP Trust will 
subscribe for the requisite number of SOLBE1 shares, SOL 
shares and SSA shares, as further described below.

	3.3.1 Participation by Sasol Inzalo employee trust 
	participants in the Sasol Khanyisa ESOP The Sasol 
	Inzalo employee trust participants in the 
	Sasol Khanyisa ESOP comprise:

	a)Black Persons who are existing Sasol Inzalo employee 
	trust participants and who are employed by the Sasol 
	Group on 18 May 2018, who will be entitled to elect 
	to acquire upfront vested rights, and subject to 
	certain conditions, will receive R100 000's worth of 
	SOLBE1 shares or  SOL shares based on an election by 
	black employees; and

	b) other employees, who are existing Sasol Inzalo 
	employee trust participants but who are not Black 
	Persons, and who are employed by the Sasol Group on 
	18 May 2018, who will acquire upfront vested rights, 
	subject to certain conditions, will receive R100 
	000's worth of SOL shares.

	The number of shares or SOLBE1 shares to which each
 	such Sasol Inzalo employee trust participant will
	acquire vested rights will depend on the 30 day
 	VWAP of the shares or the SOLBE1 shares, as the
	case may be.

	Application will be made to the JSE for the listing of 
	the requisite number of SOLBE1 and SOL shares with 
	effect from the Effective Date. Sasol Khanyisa ESOP 
	beneficiaries, who remain employed for the periods 
	specified in the Sasol Khanyisa ESOP Trust deed, will 
	obtain ownership of the SOLBE1 or SOL shares to which 
	they acquired vested rights.

	3.3.2 Participation by qualifying Black Sasol employees
 	in the Sasol Khanyisa ESOP

	In addition to participation by Sasol Inzalo employee 
	trust participants as set out in paragraph 3.3.1, Sasol 
	employees who are Black Persons and who are employed by 
	the Sasol Group on 18 May 2018, and such employees 
	joining the Sasol Group between 19 May 2018 and the 5th 
	anniversary of the Effective Date ("Qualifying Sasol 
	Employees"), will acquire vested rights to SSA shares. 
	They will become owners of the shares in which they have 
	vested rights if, subject to various exceptions, they 
	remain employed for the required period.

	A maximum of 28 385 647 SSA shares will be made 
	available to the Sasol Khanyisa ESOP, with Qualifying 
	Sasol Employees in the employ of the Sasol Group on 18 
	May 2018, each obtaining an equal number of vested 
	rights to SSA shares.

	The Sasol Khanyisa ESOP Trust will receive a trickle 
	dividend from SSA, as determined in accordance with a 
	formula set out in the Sasol Khanyisa ESOP Trust deed, 
	(less any withholding tax) in respect of the SSA shares 
	in which the participants have vested rights.

	Qualifying Sasol Employees, subject to some exceptions, 
	who remain employed for the required period, will obtain 
	ownership of the SSA shares in which the participant has 
	vested rights. Beneficiaries of the Sasol Khanyisa ESOP 
	Trust will participate indirectly in any resolution of 
	the shareholders of SSA or Sasol (as the case may be) 
	that the trustees are entitled to vote on.

4.AUTOMATIC EXCHANGE OF SASOL KHANYISA PUBLIC SHARES FOR SOLBE1 
SHARES

At the end of the Khanyisa Empowerment Period, holders of Sasol 
Khanyisa shares and participants in the Sasol Khanyisa ESOP will 
ultimately receive SOLBE1 shares for their Sasol Khanyisa shares 
and vested rights to SSA shares. This will occur via a share 
exchange (the "Share Exchange") on the basis of a ratio that 
will be determined by an independent expert taking into account 
the relative value of Sasol and SSA at that time. Participants 
who receive SOLBE1 shares following the Share Exchange will then 
be free to trade their SOLBE1 shares on the Empowerment Segment 
of the JSE as they deem fit.

5. FINANCING OF SASOL KHANYISA

5.1 Sasol Khanyisa Public

Sasol Khanyisa Public will establish Khanyisa Fundco as its 
wholly-owned subsidiary, which will:

- issue preference shares ("Khanyisa Fundco Preference 
Shares") to Sasol for a subscription consideration of up 
to a maximum of R10 billion;

- use the entire proceeds of such issue to subscribe for up 
to a maximum of 28 385 647 SSA shares, resulting in 
Khanyisa Fundco directly, and Sasol Khanyisa Public 
indirectly, owning up to a maximum of 10,75% of the total 
issued share capital of SSA;  and

- receive distributions on its SSA shares in accordance with 
SSA's dividend policy, when such distributions are made.
The Khanyisa Fundco Preference Shares will be redeemed at the 
end of the Khanyisa Empowerment Period. Dividends on the 
Khanyisa Fundco Preference Shares are calculated daily and 
are compounded monthly on the subscription price of each 
Khanyisa Fundco Preference Share at a rate equal to 75% of 
the prime rate (as defined in the funding agreements relating 
to Khanyisa Fundco). Dividends in respect of the Khanyisa 
Fundco Preference Shares will be required to be paid to 
Sasol on 1 April and 1 October of each year.

For so long as the Khanyisa Fundco Preference Shares have 
not been redeemed, unless Sasol agrees to a higher 
percentage, a maximum of 2,5% of the dividend which Khanyisa 
Fundco receives from SSA will be declared to Sasol Khanyisa 
Public, as its sole ordinary shareholder. These dividends may 
be distributed to the shareholders of Sasol Khanyisa Public 
(after the deduction of dividend withholding tax). Khanyisa 
Fundco will not be entitled to declare any further dividend 
to Sasol Khanyisa Public for so long as the Khanyisa Fundco 
Preference Shares have not been redeemed.

5.2 Sasol Khanyisa ESOP

The SSA shares to be issued to the Sasol Khanyisa ESOP Trust 
will be the subject of notional vendor funding by SSA. For 
so long as the notional vendor funding is in existence, 2.5% 
(which could be adjusted upwards in accordance with an 
objective formula) of the dividend declared by SSA to its 
ordinary shareholders (other than the Sasol Khanyisa ESOP 
Trust) will be declared on the SSA shares held by the Sasol 
Khanyisa ESOP Trust.

SSA has the right to repurchase a number of SSA shares from 
the Sasol Khanyisa ESOP Trust on the basis of a 
predetermined formula at the issue price thereof.

6. FAIRNESS OPINION

The Sasol Board has appointed Deloitte & Touche as an independent 
expert to provide a voluntary fairness opinion to assist Sasol 
shareholders in determining the fairness of Sasol Khanyisa to 
Sasol shareholders. The opinion of Deloitte & Touche will be 
included in the circular to shareholders referred to in 
paragraph 10 below ("Circular").

7. PRO FORMA FINANCIAL EFFECTS

The table below sets out the pro forma financial effects of the 
Sasol Inzalo Transaction and Sasol Khanyisa (the "Transactions") 
on, inter alia, Sasol's basic earnings per share, headline 
earnings per share, weighted average number of shares in issue, 
diluted earnings per share, diluted headline earning per share, 
weighted average number of diluted shares in issue, net asset 
value per share and net tangible asset value per share, based on 
the most recently published audited consolidated financial 
results of the Sasol Group for the financial year ended 30 June 
2017.

The pro forma financial effects assume that the Transactions had 
been fully implemented on 1 July 2016 for purposes of presenting 
the pro forma financial effects thereof on the pro forma 
consolidated income statement, and 30 June 2017 for purposes of 
the pro forma consolidated statement of financial position and 
the pro forma consolidated statement of changes in equity.

The pro forma financial effects are presented in a manner 
consistent in all respects with International Financial 
Reporting Standards ("IFRS") and Sasol Group's accounting 
policies. The pro forma financial effects are presented in 
accordance with the JSE Listings Requirements and the Guide on 
Pro Forma Financial Information issued by the South African 
Institute of Chartered Accountants.

The pro forma financial information is the responsibility of the 
Directors and was prepared for illustrative purposes only and 
may not, because of its nature, fairly present Sasol Group's 
financial position, changes in equity and results of its 
operations or cash flows, nor the effect and impact of the 
Proposed Transactions going forward. It does not purport to be 
indicative of what the financial results would have been, had 
the Transactions been implemented on a different date.

Per share		Before(1) 	Pro forma 	% 
information				after the	change
(3)****					transaction
					(2)
  			
Basic earnings 	
pershare 	Rand  	33.36		26.88		-19%



Headline 
earnings per 
share		Rand	35.15		28.57		-19%


Weighted 
average number
 of shares in 
issue(4)	Million	610.7		644.9		6%


Diluted
earnings per 
share(5)	Rand	33.27		26.74		-20%


Diluted 
headline 
earnings 
per share(5)	Rand	35.05		28.43		-19%


Weighted
 average 
number of 
diluted 
shares(4)(5)	Million	612.4		648.2		6%


Net asset 
value per 
share*		Rand	348.27		349.47		0%


Net tangible
 asset 
value per 
share**		Rand	339.31		340.96		0%


Gearing
 ratio***	%	26.7%		20.0%		6.7%



* Net asset value per share is defined as SOL Shareholder's 
equity per issued share, excluding treasury shares.

** Net tangible assets are defined as Shareholders' equity less 
Goodwill & intangible assets and Deferred tax assets.

*** The gearing ratio is calculated as net borrowings (total 
borrowings less cash) divided by Shareholders' equity.

**** The Sasol Khanyisa Transaction has an indicative total IFRS2 
cost of R7,3 billion included in the pro forma financial effects.

Notes and assumptions:

1. The "Before" column is based on the published audited 
consolidated financial statements of the Sasol Group for the 
year ended 30 June 2017.

2. The "Pro forma after the Transactions" column has been 
calculated on the basis that all of the steps to execute the 
Sasol Inzalo transaction termination and to implement Sasol 
Khanyisa have been completed; and is based on the following 
assumptions for each of the three distinct elements of the 
Sasol Khanyisa   Transaction:

i.The Election pursuant to which the SOLBE1 Bonus Award will be 
made: 

This has been assumed to occur on the basis that 15% of 
the SOLBE1 shareholders will elect that his/her SOLBE1 shares 
do not automatically re-designate to SOL shares. Any re-
designation from SOLBE1 to SOL shares is inconsequential for 
the purposes of the per share information contained in the 
pro forma financial effects, as the SOL shares and SOLBE1 
shares are treated as issued  shares;

ii.Sasol Khanyisa Invitation: 

It has been assumed that 100% of 
Qualifying Sasol Inzalo participants and eligible SOLBE1 
shareholders do not reject the Sasol Khanyisa Invitation;and

iii.Sasol  Khanyisa ESOP:

- For the benefit of the Sasol Inzalo employee trust 
participants: It has been assumed that no such employee 
notifies the trustees that he/she does not wish to become a 
vested beneficiary, and that 15% of the Black Persons who 
are Sasol Inzalo employee trust participants will not elect 
to acquire vested rights in SOL shares instead of acquiring 
vested rights in SOLBE1 shares; and

- For the benefit of the Qualifying Sasol Employees: It has 
been assumed that no such employees reject participation in 
the Sasol Khanyisa ESOP.

The Directors have considered a number of scenarios and, based on 
comparative precedent from a recent similar transaction, consider 
that the most likely outcome (as summarised above) is that 15% of 
the SOLBE1 shareholders will make the Election and that 15% of 
Black Persons who are Sasol Inzalo employee trust participants 
will not elect to acquire vested rights in SOL shares instead of 
acquiring vested rights in SOLBE1 shares. In note 5 below, a 
scenario has been presented to illustrate the financial effects 
should:

- 100% of the SOLBE1 shareholders make the Election;and
- 100% of the Black Persons who are Sasol Inzalo employee trust 
participants will not elect to acquire vested rights in SOL 
shares and instead acquire vested rights in SOLBE1 shares.

3.The effects on basic earnings, diluted earnings, headline 
earnings, and diluted headline earnings per share are calculated 
on the basis that the proposed Transactions were effective on 1 
July 2016, while the effects on net asset value and net tangible 
asset value per share are calculated on the basis that the 
proposed Transactions were effective on 30 June 2017 for purposes 
of presenting the pro forma financial effects thereof on the 
Sasol Group. 

4.The increase in the weighted average number of issued shares is 
congruent with:

i. the assumed specific issue of sufficient SOL shares in terms of 
the accelerated book-build to fund the A, B and C preference 
share funding, the Inzalo shortfall, as well as any related 
costs and taxes (31,25 million shares)1;

ii. the 2,92 million SOLBE1 Shares will be included in the weighted 
average number of shares in relation to the SOLBE1 Bonus Award 
and the Khanyisa Invitation as it relates to eligible SOLBE1 
shareholders and eligible Inzalo shares.

1 For purposes of the pro forma financial effects, the assumed 
specific issue of SOL shares has been calculated based on the 
number of SOL shares to be issued as at the Last Practicable 
Price, in order to settle the outstanding balance on the A, B 
and C preference shares outstanding as at 30 June 2017, plus 
related costs and taxes that would ensue upon the issue. 
However, the final number of SOL shares required to be issued 
at the Inzalo Transaction Termination dates will depend on the 
SOL share price at the Inzalo Transaction Termination dates, 
dividends declared and paid between 30 June 2017 and the Inzalo 
Transaction Termination dates as well as dividends which 
accrues on the A, B and C preference shares between 30 June 
2017 and the Inzalo Transaction Termination dates. This cannot 
be reliably estimated as at the Last Practicable Date and 
consequently, this could    result in additional SOL shares 
being issued to cover the additional funding costs and taxes 
not yet accrued at 30 June 2017.

5.The increase in the weighted average number of diluted shares 
includes the impact of the SOL/SOLBE1 shares to be issued, as 
calculated in terms of IAS 33: Earnings per share, in terms of 
the Sasol Khanyisa ESOP for the benefit of the Sasol Inzalo 
employee trust participants.

As described in note 2 above, a scenario has been presented below 
to illustrate the financial effects pertaining to the following:

- 100% of the SOLBE1 shareholders make the Election;  and
- 100% of the Black Persons who are Sasol Inzalo employee trust 
participants elect not to acquire vested rights in SOL shares 
and instead acquire vested rights in SOLBE1 shares.

However, the pro forma financial effects do not consider the 
impact of the shares to be issued pursuant to the Automatic Share 
Exchange as this cannot currently be reliably estimated. This 
increase in the weighted average number of diluted shares is 
dependent on the SOLBE1 share price, and its relative net fair 
value to a SSA share, which considers the underlying funding 
(FundCo preference share funding and ESOP notional vendor 
funding), at the date of the termination of the Sasol Khanyisa 
Transaction. At each reporting date, the diluted earnings per 
share impact will be determined by calculating the number of 
SOLBE1 shares which would be issued for no consideration.  This 
will be based on the difference between the average SOLBE1 share 
price for the reporting period, and the unexpensed share-based 
payment charge at the reporting date.

The following table provides the illustrative financial effects 
of the potential issues of SOLBE1 shares, on basic earnings per 
share, headline earnings per share, weighted average number of 
shares in issue, diluted earnings per share, diluted headline 
earning per share, weighted average number of diluted shares in 
issue, net asset value per share and net tangible asset value per 
share, should the assumptions applied above be increased to 100%.



Per share 
information(5)			15%	100%	% Change

Basic earnings per 
share			Rand	26.88	27.6	3%

Headline earnings 
per share		Rand	28.57	29.29	3%

Weighted average 
number of shares in 	
issue			Million	644.9	645.8	0%

Diluted earnings
 per share		Rand	26.74	27.46	3%

Diluted headline 
earnings per share	Rand	28.43	29.14	2%

Weighted average 
number of diluted 
shares			Million	648.2	649.3	0%

Net asset value per 
share			Rand	349.47	349.47	0%

Net tangible asset 
value per share		Rand	340.96	340.96	0%

Gearing ratio		%	20%	20%	0%


* Net asset value per share is defined as Shareholder's equity per 
issued SOL share, excluding treasury shares.

** Net tangible assets are defined as Shareholders' equity less 
Goodwill & intangible assets and Deferred tax assets.

*** The gearing ratio is calculated as net borrowings (total 
borrowings less cash) divided by Shareholders' equity.

8.IMPORTANT DATES AND TIMES

Circular distribution record date, being in terms of section 
59(1)(b) of the Companies Act, the date by which a Sasol 
shareholder is required to be recorded as such in the relevant 
Register in order to be eligible to receive this Circular and 
Notice of General Meeting Friday, 13 October 2017

Circular and Notice of General Meeting distributed to Sasol 
shareholders on Wednesday, 18 October 2017 

Details of the date, time and venue for the General Meeting on 
SENS Wednesday, 18 October 2017 

General Meeting announced in two national newspapers
Thursday, 19 October 2017 

General  Meeting  Last  Day  to  Trade  in  order  for  Sasol  
shareholders  to  be recorded in the relevant Register in order 
to be eligible to attend, participate in and vote at the General 
Meeting Tuesday, 7 November 2017 

General Meeting Record Date in order for Sasol shareholders to 
be recorded in the relevant Register in order to be eligible to 
participate in and vote at the General Meeting	
Friday, 10 November 2017

Last day to lodge requests for participation in the General 
Meeting via electronic participation being 9:00 on	
Friday, 10 November 2017

For administrative purposes, date by which Forms of Proxy for the 
General Meeting are requested to be lodged, by 10:00Thursday,
 16 November 2017 

Forms of Proxy may be handed in before or during the General 
Meeting, up to the time that the relevant resolution on which the 
proxy is to vote, is considered	Friday, 17 November  2017

General Meeting to be held at the Hilton Sandton Hotel, 138 
Rivonia Road, Sandton, 2196, at 10:00 on Friday, 17 November 2017

Results of the General Meeting released on SENS on Friday,
 17 November 2017 

Results of the General Meeting published in national newspapers 
Monday, 20 November 2017

9. GENERAL MEETING

A general meeting of Sasol shareholders ("General Meeting") will be 
held immediately after the conclusion, adjournment or postponement 
of the Annual General Meeting convened to take place at the Hilton 
Sandton Hotel, 138 Rivonia Road, Sandton, 2196, South Africa on 
Friday, 17 November 2017 at 09:00, for the purpose of considering, 
and if deemed fit, passing, with or without modification, the 
resolutions required from Sasol shareholders.

10. FURTHER DOCUMENTATION

A Circular setting out the full terms of Sasol Khanyisa and 
convening the General Meeting will be posted to Sasol shareholders 
on or about 18 October 2017.

A complete version of this announcement, incorporating illustrations 
demonstrating the various elements of Sasol Khanyisa, is available 
on Sasol's website at www.sasol.com.

Sandton
20 September 2017


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: September 21, 2017		By: 	/s/ V D Kahla 
					Name: 	Vuyo Dominic Kahla 
					Title: 	Company Secretary