UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16
OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
Report on Form 6-K for December 08, 2016
Commission File Number 1-31615
Sasol Limited
1 Sturdee Avenue
Rosebank 2196
South Africa
(Name and address of registrant's principal executive office)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F __X__ Form 40-F _____
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Note: Regulation S-T Rule 101(b)(1) only permits the submission
in paper of a Form 6-K if submitted solely to provide an attached
annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7): ____
Note: Regulation S-T Rule 101(b)(7) only permits the submission in
paper of a Form 6-K if submitted to furnish a report or other document
that the registrant foreign private issuer must furnish and make public
under the laws of the jurisdiction in which the registrant is
incorporated, domiciled or legally organized
(the registrant's "home country"), or under the rules of the home country
exchange on which the registrant's securities are traded, as long as the
report or other document is not a press release, is not required to be
and has not been distributed to the registrant's security holders, and,
if discussing a material event, has already been the subject of a Form
6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes _____ No __X__
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b):
82-_______________.
Enclosures: Hedging of financial risks
Sasol Limited
(Incorporated in the Republic of South Africa)
(Registration number 1979/003231/06)
Sasol Ordinary Share codes: JSE : SOL NYSE : SSL
Sasol Ordinary ISIN codes: ZAE000006896 US8038663006
Sasol BEE Ordinary Share code: JSE : SOLBE1
Sasol BEE Ordinary ISIN code: ZAE000151817
("Sasol" or "the Company")
Hedging of financial risks
Sasol has a board-approved policy with respect to hedging of
financial risks, which allows the company to mitigate specific
risks and provide protection against unforeseen movements in
interest rates, currency movements, commodity and final
product prices.
During the course of the 2017 financial year, Sasol has entered
into a number of hedges to mitigate specific financial risks.
In particular, we have entered into hedges against the downside
risk in the crude oil price to increase the stability and
predictability of our cash flows.
Sasol has entered into oil put options, for the second quarter
of the financial year ending 30 June 2017 (October 2016 to
December 2016), which provide the Company with an average Brent
crude oil price floor of US$48,68 per barrel (net of costs) for
approximately 7,6 million barrels. Sasol has also entered into
put options for quarter three and a part of quarter four of
financial year 2017 which provide the Company with an average
Brent crude oil price floor of US$47,06 per barrel
(net of costs) for approximately 16,8 million barrels.
We are currently reviewing other commodity and currency hedges
and should we enter into material hedges, an appropriate
announcement will be made.
08 December 2016
Johannesburg
Sponsor: Deutsche Securities (SA) Proprietary Limited
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant, Sasol Limited, has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.
Date December 08, 2016 By: /s/ V D Kahla
Name: Vuyo Dominic Kahla
Title: Company Secretary