MEDIA RELEASE FOR IMMEDIATE DISTRIBUTION -

SASOL SYNFUEL PROTECTION STUDY

6 June 1995

In March 1995 Nedlac's Liquid Fuels Industry Task Force (LFITF) commissioned consultants Arthur Andersen to conduct an independent study into protection afforded to Sasol's synthetic fuel operations. An LFITF project committee was established to oversee and monitor the investigation. The consultants presented the project committee with a preliminary report on 26 May 1995. Their final report was completed on 2 June 1995 and was due for presentation to the full LFITF today.

Following complaints from the oil industry that there were discrepancies between the preliminary and final reports, it was decided to postpone the LFITF meeting to first provide the project committee with an opportunity to consider the final report and the oil industry's complaints with respect to the report.

The project committee received a presentation from the oil industry on the areas that it had identified as differing between the two reports, and heard explanations from the consultants with respect to these areas. Following these discussions, the project committee concluded that it was satisfied that consultants Arthur Andersen had met their brief and discharged of their duties. On that basis the committee agreed to submit the report and its contents to the LFITF for formal consideration. The oil industry registered that it was not in a position to accept the report, arguing that because the differences between the preliminary and final reports were material, the process should allow for further comment to be received.

The project committee furthermore agreed that a full meeting of the LFITF should be convened to receive a presentation on the report, whereafter it will be publicly released and a process identified for constituencies to consider the report's findings.

The media will be kept informed of developments.

Please direct all enquiries to Lomin Saayman on telephone (011) 482-2511 or fax (011) 482-4650.