Sasol Signs US$3,9 Billion Five-year Revolving Credit Facility

Johannesburg (ots/PRNewswire) -

Sasol, the South African chemicals and energy company, has
increased its existing US$1,5 billion Revolving Credit Facility ("the
Facility") to US$3,9 billion and extended the maturity to five years
with the inclusion of two further extension options of one year each.

Sasol launched this transaction with a targeted facility size of
US$3,0 billion, which was subsequently increased to US$3,9 billion
given the notable oversubscription.

Citi and Mizuho Bank, Ltd. were mandated as Joint Global
Co-ordinators for the transaction, which launched in early November
2017 to a targeted group of banks. The Joint Global Co-ordinators
each pre-committed to the transaction and invited banks to commit at
one of three ticket levels with the following titles: Bookrunner and
Mandated Lead Arranger (BMLA), Mandated Lead Arranger (MLA) and Lead
Arranger. The Company also accommodated a limited number of smaller
tickets with the Arranger title.

Syndication closed oversubscribed with17 banks committing,
allowing Sasol to increase the Facility and offer scale back to the
Joint Global Co-ordinators, BMLAs and the MLAs.

Along with the Joint Global Co-ordinators, there were eight other
BMLAs: ABN AMRO Bank N.V., Bank of America Merrill Lynch, BNP Paribas
S.A. South Africa Branch, Intesa Sanpaolo Bank Luxembourg S.A., J.P.
Morgan Securities plc., The Bank of Tokyo-Mitsubishi UFJ Ltd.,
Sumitomo Mitsui Banking Corporation Europe Limited and UniCredit Bank
Austria.

Barclays Bank PLC, Deutsche Bank and HSBC joined as MLAs, Export
Development Canada and Standard Chartered Bank joined as Lead
Arrangers and Wells Fargo Bank N.A. London Branch and Société
Générale joined as Arrangers.

EY acted as Independent Financial Advisor to Sasol in respect of
the transaction.

About Sasol:

Sasol is an international integrated chemicals and energy company.
Through our talented people, we use selected technologies to safely
and sustainably source, produce and market chemical and energy
products competitively to create superior value for our customers,
shareholders and other stakeholders.

Contact:

Alex Anderson

Head of Group Media Relations

Direct telephone: [phone]

Mobile [phone]

[e-mail]

Matebello Motloung

Specialist: Media Relations

Direct telephone: [phone]

Mobile: [phone]

[e-mail]

Cavan Hill

Senior Vice President: Investor Relations

Telephone: [phone]

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