5/24/2005 BAD HOMBURG, Germany, May 24 -- Sasol and Wilmar Holdings PteLimited announced today the execution of a Memorandum of Understanding(MOU) to form a Joint Venture with the intention to construct a fattyalcohols plant in China. The partners are planning to locate a 60,000metric ton per year plant in the industrial port city of Lianyungang andstart up is expected in mid 2007. Sasol is the largest global producer andmarketer of C6+ alcohols while Wilmar is a leading processor anddistributor of lauric oils with substantial interests in palm oilplantations.

"Wilmar's success is attributable to several key partnerships that havebeen built over many years, we believe that a partnership with Sasol hasthe strong foundation for a very successful venture," said Kuok KhoonHong, Wilmar Chairman. "Wilmar's leadership in tropical oils andestablished presence in China combined with Sasol's leadership in thealcohol market creates significant synergy," added Sasol Olefins &Surfactants Managing Director, Anton Putter. "Establishing the first worldscale alcohol plant in China will allow Sasol to continue to grow with keymultinational customers as they expand their operations in Asia."

The feedstock will be fatty acid produced at the same location by Wilmar.Sasol will be the exclusive distributor for the sales and marketing of thealcohols produced by the JV. Subject to the board approval of therespective companies, construction of the plant is anticipated to commencein September 2005.

Sasol, with a market capitalisation of approximately USD 17 billion, is anintegrated oil and gas group with substantial chemical interests. Based inSouth Africa and operating in 15 other countries throughout the world,Sasol brings 50 years of unparalleled experience of producing andmarketing Fischer-Tropsch transportation fuels and a wide range ofchemicals. Through its Olefins & Surfactants division, Sasol has aworldwide reputation as a leading supplier and manufacturer of alcohols,surfactants and detergent raw materials. Sasol is the largest producer andmarketer of C6+ fatty alcohols with current capacity of over 600,000metric tons per year. Sasol manufactures alcohols based upon a diversifiedtechnology platform utilising oleochemical, petrochemical, and coal as rawmaterial feedstock.

Wilmar had consolidated sales of approximately US 6 billion in 2004.Headquartered in Singapore and with an extensive footprint of production,storage and merchandising facilities across China, Asia, Africa andEastern Europe; Wilmar is the largest processor of soy in Asia, one of thelargest producer, refiner and merchandiser of tropical oils globally and alarge producer of specialty oils and proteins and related products. Wilmarhas recently entered the Oleochemical Industry with its first fatty acidplant in China.

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