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 June 6, 2016
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: Trading statement for the financial year ending 30 June 2016
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")
Trading statement for the financial year ending 30 June 2016
In terms of the JSE Limited Listings Requirements, companies are required
to publish a trading statement as soon as they are satisfied that a
reasonable degree of certainty exists that the financial results for
the period to be reported will differ by at least 20% from the financial
results for the previous corresponding period.
Sasol's headline earnings per share (HEPS) for the financial year ending
30 June 2016 are expected to decrease by between 10% and 30%
(approximating R4,98 to R14,93 per share) compared to the 2015
financial year (comparable period) HEPS of R49,76. Earnings per share
(EPS) for the same period are expected to decrease by between 53% and
73% (approximating R25,82 to R35,56 per share) from the comparable
period EPS of R48,71.
The volatile macroeconomic environment, in particular lower crude oil
prices, has had a significant impact on earnings. EPS was further
impacted by the R7,4 billion (CAD665 million) impairment of our share
in the Montney shale gas asset recognised in December 2015. Due to a
further decline of natural gas prices in North America, we will
recognise an additional impairment of approximately R4,1 billion
(CAD340 million), resulting in a total impairment of R11,5 billion.
This impairment contributed to a 39% decrease of EPS.
We expect production volumes and cost reductions to be better than our
previous guidance. Further details on our operational and financial
performance will be provided in a trading update in early August 2016.
The current volatile market conditions may however further impact our
results, particularly changes in oil, product prices and movements in
the rand/dollar exchange rate.
The financial information on which this trading statement is based has
not been reviewed and reported on by the Company's external auditors.
Sasol's financial results for the financial year ending 30 June 2016
will be announced on Monday, 12 September 2016.
06 June 2016
Johannesburg
Sponsor: Deutsche Securities (SA) Proprietary Limited
Disclaimer - Forward-looking statements: 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 exchange rate
fluctuations, volume growth, increases in market share, total shareholder
return, executing our growth projects and cost reductions, including
in connection with our Business Performance Enhancement Programme and
Response Plan. Words such as "believe", "anticipate", "expect", "intend",
"seek", "will", "plan", "could", "may", "endeavour", "target", "forecast"
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 on Form 20-F filed on 9 October 2015 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 June 6, 2016 By: /s/ V D Kahla
Name: Vuyo Dominic Kahla
Title: Company Secretary