Sasol Limited
(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 completes majority of Rand/US dollar hedging programme
for its 2018 financial year

In December 2016, Sasol announced that it entered into crude
oil put options, in terms of the Company's financial market
risk policy, to mitigate specific risks and to provide
protection against adverse movements in commodity and final
product prices.

The Company also stated that as part of its financial risk
mitigation strategy it was reviewing other commodity and
currency hedges to protect and strengthen the Company's
balance sheet as measured in terms of its gearing and net debt
to earnings before interest, tax, depreciation and
amortisation ("EBITDA") targeted levels. In its half-year to
31 December results published on 27 February 2017, Sasol
announced that it had hedged approximately 12% of its Rand/US
dollar exposure for specific periods in its 2018 financial
year.

Sasol has completed the majority of its Rand/US dollar hedging
programme for the 2018 financial year ending on 30 June 2018
using zero-cost collar instruments. Hedges with a total
notional amount of US$4 billion (averaging US$1 billion per
quarter) have been put into place, with an annual average
floor of R13,46/US$, and an annual average cap of R15,51/US$.
These levels approximate the quarterly averages.

These hedges approximate 70% of the Company's expected net
Rand/US dollar exposure in the 2018 financial year. These
hedges will provide Sasol with some cash flow and balance
sheet protection, as gearing and net debt to EBITDA levels are
expected to peak during the 2018 financial year. In addition,
the financial risk mitigation strategy with reference to
currency hedges is expected to partially mitigate the negative
translation impact of valuing the balance sheet at each
reporting date. The Company continues to review financial
market risks, and should additional material hedges be put
into place, appropriate announcements will be made.

11 April 2017

Johannesburg
Sponsor: Deutsche Securities (SA) Proprietary Limited