Sasol Appoints New Group Executive Committee Member

PR55236

JOHANNESBURG, Dec. 5, 2013 /PRN=KYODO JBN/ --

    Sasol today announced the appointment of Stephen Cornell as the newest

member of its management team. Cornell is currently the Chief Operating Officer

for US Fuels and Global Head of Major Projects at BP plc. Reporting directly to

Sasol's Chief Executive Officer, David Constable, Cornell will be appointed as

Sasol's Executive Vice President: International Operations, with effect from 1

February 2014, based in Houston.

    In November 2013, the new Group Executive Committee ("GEC") structure was

announced, which will be effective from 1 July 2014. At the time, Sasol

indicated that given the growing importance of its international businesses,

particularly in the United States, a focused operations position at the GEC

level had been created. In the context of Sasol's redesigned operating model,

this role will be accountable for the group's operations outside of Southern

Africa, including Sasol's US mega-projects in Lake Charles, Louisiana.

    Cornell has extensive US domestic and international experience in

petrochemicals, refining and logistics, having worked in the industry in the

US, Europe, the Middle East and Asia. He has significant business improvement

experience, having reshaped BP's US fuels business over a six-year period,

through improved work processes, divestiture of key assets and by driving the

significant expansion of the 413,000 barrels per day BP Whiting refinery. In

addition, within often complex operating environments, Cornell has first-hand

experience in large-scale capital projects, ensuring substantial safety

improvements and in embedding manufacturing excellence.

    Constable said, "At a time when we are striving to enhance our own

performance levels at Sasol, it is exciting to have a leader join our team, who

is known for passionately driving high performance through talent and

capability development across all areas of the organisation. With over three

decades in the industry under his belt, Steve is highly regarded by his peers

as a commercial and strategic leader with substantial chemical engineering

experience".

    Commenting on his appointment, Cornell said he was excited to be making

this change. "I could not be happier that my family and I have now become part

of the Sasol team. I strongly believe we can capitalise on many opportunities

in the global energy arena. This is an important time in Sasol's history and I

am certainly looking forward to working with the team to continue building on

the Company's many successes."

    About Sasol:

    Committed to excellence in all we do, Sasol is an international integrated

energy and chemical company that leverages the talent and expertise of our more

than 35 000 people working in 37 countries. We develop and commercialise

technologies, and build and operate world-scale facilities to produce a range

of product streams, including liquid fuels, high-value chemicals and low-carbon

electricity.

    While remaining committed to our home-base of South Africa, Sasol is

expanding internationally based on a unique value proposition.

    Issued by:

    Alex Anderson, Group Media Manager

    Direct telephone +27(11)441-3295; Mobile +27(0)71-600-9605;

    alex.anderson@sasol.com

    Jacqui O'Sullivan, GM: Group Communication

    Direct telephone +27(11)441-3252; Mobile +27(0)82-883-9697;

    jacqui.osullivan@sasol.com

    Source: Sasol Limited