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 ofMay 2005 "Nizhnekamskneftekhim" INC of the Russian Federation and"Sasol Olefins & Surfactants GmbH" company signed a Letter ofIntent to conduct feasibility studies for possible futurecooperation between the two companies. The Letter of Intentspecifies a timeframe and actions for the two companies toinvestigate cooperation in production and marketing of productsto be used in the manufacture of detergents and personal careproducts in the Russian Federation. The companies expect thefeasibility studies to be completed by September 2005.

Nizhnekamskneftekhim Inc. is a leading Russian producer andsupplier of synthetic rubbers and petrochemicals with more than30 years of working experience. Sales volume of the company in2004 amounted to 33.8 billion rubles (1.2 billion USD).

Sasol, with a market capitalization of approximately USD 17billion, is an integrated oil and gas group with substantialchemical interests. Based in South Africa and operating in 15other countries throughout the world, Sasol brings 50 years ofunparalleled experience of producing and marketing Fischer-Tropsch transportation fuels and a wide range of chemicals.Through its Olefins & Surfactants division, Sasol has a worldwidereputation as a leading supplier and manufacturer of alcohols,surfactants and linear alkylbenzene (LAB).Contact: Götz LachmannSasol Olefins & Surfactants GmbHIm Atzelnest 5 D-61352 Bad HomburgGermany Phone: +49 (61 72) 45 33-305Mobile: +49 (1 60) 5 83 49 94Fax: +49 (61 72) 45 33-350 E-Mail: goetz.lachmann@de.sasol.comWebsite: http://www.sasol.comValeriy StarkovNizhnekamskneftekhim Inc.Strategic Development Department423574, Russia, Republic of Tatarstan, Nizhnekamsk Phone: +7 (8555) 37-54-25Fax: +7 (8555) 37-76-86, +7 (095) 255-38-34 / -5155E-Mail: starkovvg@nknh.ruWebsite: http://www.nknh.ru- Sasol may, in this document, make statements that are nothistorical facts and relate to analyses and other informationbased on forecasts of future results and estimates of amounts notyet determinable. These are forward-looking statements as definedin 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 ofidentifying such statements.- By their very nature, forward-looking statements involveinherent risks and uncertainties, both general and specific, andthere are risks that predictions, forecasts, projections andother forward-looking statements will not be achieved. If one ormore of these risks materialize, or should underlying assumptionsprove incorrect, actual results may be very different from thoseanticipated. The factors that could cause our actual results todiffer materially from the plans, objectives, expectations,estimates and intentions expressed in such forward-lookingstatements are discussed more fully in our registration statementunder the Securities Exchange Act of 1934 on Form 20-F filed onOctober 29, 2004 and in other filings with the United StatesSecurities and Exchange Commission. Forward-looking statementsapply only as of the date on which they are made, and we do notundertake any obligation to update or revise any of them, whetheras 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 bepublished under the "CTK" slug. Protext is a commercial serviceproviding distribution of press releases from clients, who areidentified in the text of Protext reports and who bear fullresponsibility for their contents. PROTEXT