JOHANNESBURG, South Africa, Feb. 4 /PRNewswire-FirstCall/ -- Sasol (JSE: SOL; NYSE: SSL) is pleased to announce the appointment of Mr Johnson Njeke as a non-executive director and member of the Audit Committee with effect from 4 February 2009.
Mr Njeke is the past chairman of the South African Institute of Chartered Accountants and its Education Committee. He is the managing director of Kagiso Trust Investments and serves on the Boards of the Kagiso Group companies, ArcelorMittal (SA), Metropolitan Holdings, N M Rothschild (SA), Resilient Property Income Fund, MTN and the Council of the University of Johannesburg.
He previously served as a member of the Katz Commission of Inquiry into Taxation in South Africa, the General Committee of the JSE Securities Exchange, the Audit Commission - Supervisory Body of the Office of Auditor General, the Audit Committee of National Treasury and the Editorial Board of "The Journal of Accounting Research".
Mr Njeke obtained a B Com degree from the University of Fort Hare and a B Compt (Hons) from Unisa. He qualified as a Chartered Accountant in 1986. Two years later, he became a partner of Pricewaterhouse Coopers. He also holds a Higher Diploma in Tax from the University of Johannesburg.
The Chairman of Sasol, Mrs Hixonia Nyasulu said: "On behalf of our Board, I welcome Johnson as a non-executive Director and member of our Audit Committee. He brings a wealth of experience to Sasol, and we are delighted that he has accepted our invitation to join our Board and Audit Committee."
For more information, please contact the Sasol Investor Relations team.
Sasol Investor Relations
Tel.: +27 11 441 3113 / 3563 / 3321
investor.relations@sasol.com
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 materialize, 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.
