Sasol Olefins & Surfactants GmbH plans to enter Russian market: First step towards a cooperation with a leading petrochemicals producer.

BAD HOMBURG (Germany) June 23 (PROTEXT/ots) - On the 11th of May 2005 "Nizhnekamskneftekhim" INC of the Russian Federation and "Sasol Olefins & Surfactants GmbH" company signed a Letter of Intent to conduct feasibility studies for possible future cooperation between the two companies. The Letter of Intent specifies a timeframe and actions for the two companies to investigate cooperation in production and marketing of products to be used in the manufacture of detergents and personal care products in the Russian Federation. The companies expect the feasibility studies to be completed by September 2005. Nizhnekamskneftekhim Inc. is a leading Russian producer and supplier of synthetic rubbers and petrochemicals with more than 30 years of working experience. Sales volume of the company in 2004 amounted to 33.8 billion rubles (1.2 billion USD). Sasol, with a market capitalization of approximately USD 17 billion, is an integrated oil and gas group with substantial chemical interests. Based in South Africa and operating in 15 other countries throughout the world, Sasol brings 50 years of unparalleled experience of producing and marketing Fischer- Tropsch transportation fuels and a wide range of chemicals. Through its Olefins & Surfactants division, Sasol has a worldwide reputation as a leading supplier and manufacturer of alcohols, surfactants and linear alkylbenzene (LAB). Contact: Götz Lachmann Sasol Olefins & Surfactants GmbH Im Atzelnest 5 D-61352 Bad Homburg Germany Phone: +49 (61 72) 45 33-305 Mobile: +49 (1 60) 5 83 49 94 Fax: +49 (61 72) 45 33-350 E-Mail: goetz.lachmann@de.sasol.com Website: http://www.sasol.com Valeriy Starkov Nizhnekamskneftekhim Inc. Strategic Development Department 423574, Russia, Republic of Tatarstan, Nizhnekamsk Phone: +7 (8555) 37-54-25 Fax: +7 (8555) 37-76-86, +7 (095) 255-38-34 / -5155 E-Mail: starkovvg@nknh.ru Website: http://www.nknh.ru - Sasol may, in this document, make statements that are not historical facts and relate to analyses and other information based on forecasts of future results and estimates of amounts not yet determinable. These are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "believe", "anticipate", "expect", "intend", "seek", "will", "plan", "could", "may", "endeavor" 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 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, actual results may be very different from those anticipated. The factors that could cause our actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements are discussed more fully in our registration statement under the Securities Exchange Act of 1934 on Form 20-F filed on October 29, 2004 and in other filings with the United States Securities and Exchange Commission. 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. Subscribers please note that material bearing the slug "PROTEXT" is not part of CTK's news service and is not to be published under the "CTK" slug. Protext is a commercial service providing distribution of press releases from clients, who are identified in the text of Protext reports and who bear full responsibility for their contents. PROTEXT