The intention was to form a new liquid
fuels business to be called Uhambo Oil Limited. 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 most recent
annual report 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., The best vacation for you can be
found by searching the online database http://www.

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Business Editors/Energy Writers

JOHANNESBURG, South Africa ----South
African energy and chemical company Sasol Ltd, Malaysian National
petroleum corporation Petronas and black economic empowerment partners
Tshwarisano LFB Investment and Afric Energy Resources (a wholly-owned
subsidiary of Worldwide African Investment Holdings) today noted the
South African Competition Commission's recommendation to the South
African Competition Tribunal regarding their proposed liquid fuels
joint venture, to be called Uhambo Oil Ltd.

Information on Engen

Engen's core business entails refining crude oil, marketing and
retailing primary refined petroleum products and providing consumer
convenience services through its retail network.com .
America Outdoors is the largest association of the nation's adventure
travel and tour operators.

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Uhambo means "a
journey" in both IsiXhosa and IsiZulu. These
are forward-looking statements as defined in the U."
America Outdoors' members offer rafting, kayaking, hiking, family trips,
horseback riding , cycling, adventure camps, guest ranches and other back
country adventures.

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Based in South Africa and operating in 15 other countries
throughout the world, Sasol is the leading provider of liquid fuels in
South Africa and a major international producer of chemicals, using a
world leading technology for the commercial production of synthetic
fuels and chemicals from low- grade coal. In the future Sasol expects
to apply this technology to convert natural gas to diesel and
chemicals.
Wholly -owned by the Government, the corporation is vested with the
entire oil and gas resources in Malaysia and is entrusted with the
responsibility of developing and adding value to these resources.


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The company
also manufactures and markets synthesis gas and operates the only
inland crude oil refinery in South Africa. Internet address:
www.
The Group is engaged in a wide spectrum of petroleum activities,
including upstream exploration and production of oil and gas to
downstream oil refining; marketing and distribution of petroleum
products; trading; gas processing and liquefaction; gas transmission
pipeline network operations; marketing of liquefied natural gas;
petrochemical manufacturing and marketing; shipping; automotive
engineering; and property investment
For the financial year ended March 31 2004, Petronas recorded
revenue of US$25.adventurevacation.

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The new business will include a 25% BEE shareholding comprising
AER and Tshwarisano LFB Investment. In South Africa Engen
has in the region of 1 250 service stations and in the region of 450
Quickshop convenience stores.

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In February 2004, the Worldwide board of
directors decided the company should continue to build on its
experience in the oil industry and to focus on the energy sector in
its broader sense. While it is expected that the
Maduna group will take an important position in this transaction,
Tshwarisano will also involve previous shareholders of Exel who
currently hold shares in Sasol Oil, as well as Batho Trust (a
broad-based empowerment trust) and other broad-based BEE interests,
including women's groups. Internet address: www. 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. Find a cool, family float trip down a
scenic river or a horseback trip through a mountain wilderness on this
information-packed website. With more than 500 members operating in over 40
states and 50 foreign countries, America Outdoors' members offer a wide
variety of experiences.

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As at end of March 2004, the PETRONAS Group comprised 93
wholly -owned subsidiaries, 19 partly-owned outfits and 55 associated
companies.

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Notes for editors:

In November 2004 Sasol Ltd, Petronas (the majority owner of
Southern African-based fuel company Engen Ltd), Tshwarisano LFB
Investment and Worldwide African Investment Holdings - through its
wholly -owned subsidiary Afric Energy Resources (AER) - announced that
they intended to form a joint venture between Engen and Sasol's liquid
fuels businesses (Sasol Oil).
If the go-ahead is given by the South African Competition
Tribunal, Uhambo is expected to be trading as soon as possible
thereafter .
Sasol LFB's turnover for the year ended June 30 2004 was R18
851-million and operating profit for this period was R1 429-million. 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.
America Outdoors also has available a free four-color 56 page Directory of
Outfitters.

This category is for sites that contain alphabetical or classified lists of resources about any/all aspects of hunting.

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Information on Tshwarisano

Dr Penuell Maduna, the former South African cabinet minister, is
leading a group of BEE investors for Tshwarisano.S. Two million families and individuals participated in
outdoor recreation and learning experiences with members of America
Outdoors(R) last year. Member companies operate in national forests,
national parks and recreation areas, and in other backcountry areas.

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Almost 80% of the company's revenue was derived from its export and
international operations. "Our website has information on planning an
adventure vacation, how to find the right outfitter for your needs, what to
expect on the trip and how to evaluate a trip to determine if it's right for
your family.

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petronas . Engen is represented in 13 countries outside
South Africa: Namibia, Botswana, Swaziland, Lesotho , Zimbabwe, Zambia,
Kenya, Mozambique, Uganda, Tanzania, Burundi, the Democratic Republic
of the Congo (DRC) and Ghana.engen.adventurevacation.
Escape crowded vacation spots.

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Joint Statement: Shareholders in Proposed Uhambo Liquid Fuels Joint Venture Welcome Competition Commission Announcement

co. Private
Securities Litigation Reform Act of 1995.
Interest in adventure travel continues to grow as tour operators and
outfitters offer more family friendly excursions, and 'soft' adventure
experiences that appeal to people of all physical and skill capabilities.

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"We welcome the Competition Commission's recommendation for
conditional approval of the joint venture to the Competition
Tribunal ," said the parties in a joint statement.za

Information on Sasol LFB

Sasol LFB includes all of Sasol's assets in the liquid fuels
business, encapsulating the entire value chain from crude oil
procurement for Sasol's 63.6% stake in the Natref refinery to
receiving blending components from the Sasol Synfuels refinery at
Secunda (potentially to reduce, as a result of this transaction , to
50%).
"Creating life-long memories begins with selecting the right trip," says
David Brown of America Outdoors.

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Information on Worldwide

Worldwide is a black-owned and managed investment holding company
founded in 1994. Worldwide's shareholding in Engen is the
company's biggest investment. He is responsible
for facilitating and structuring a broad-based and representative BEE
consortium associated with the Sasol LFB that will participate in the
joint venture through , Tshwarisano. 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.

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com

Information on Petronas

PETRONAS, short for Petroliam Nasional Berhad, is Malaysia's
national petroleum corporation established on 17 August 1974.2-billion.

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Uhambo will comprise Engen's Enref oil refinery at Durban, Sasol's
share in the Natref crude oil refinery at Sasolburg in the northern
Free State, Sasol's liquid fuels produced from synfuels components
produced at the blending facility in Secunda and significant marketing
operations branded as Engen, Sasol, Exel and Zenex in South Africa, as
well as liquid fuel operations in 13 other sub-Saharan African
countries.

Information on Sasol

Sasol, with a market capitalisation of approximately USD 16
billion, is an integrated oil and gas group with substantial chemical
interests.com. This new
search feature has a map which allows travelers to click on their area of
interest and instantly find the outdoor vacation of their dreams.
Many outfitters offer specialty programs that are designed specifically for
families, or women, or even special interests such as gourmet dining.

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sasol.com and click on Free Travel Directory .

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Internet address: www. Engen owns and manages a 125 000 barrel
a day (bbl/d) crude oil refinery and a state-of-the-art lubricants
blending plant at Durban. All of Sasol's assets in distribution and marketing, as well as
assets in the marketing and storage of fuel oil, are also included.

Find the Best Vacation for You at www.adventurevacation.com

In
addition, there are family camps and lodges that provide adventure activities
during the day and lodging in cabins at night. To get your copy call 865-558-3597, or
visit http://www.

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Disclaimer

We 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. KNOXVILLE, Tenn.

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Sasol manufactures over 200 fuel and chemical products that
are sold in more than 90 countries and also operates coal mines to
provide feedstock for synthetic fuels and chemical plants.
Since its incorporation PETRONAS has grown to be an integrated
international oil and gas company with business interests in 35
countries .7-billion and an after-tax profit of US$6. The company's involvement in the oil industry
pre-dated the South African Liquid Fuels Charter of 2000 when it
invested in Afric Oil in 1995 and followed with the acquisition of a
51% stake in Zenex in 1997. Engen's turnover for the year ended
March 31 2004 was R18 178-million and operating profit for this period
was R752-million.

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Over the last decade, Worldwide has undertaken
substantial investments in several economic sectors, most notably in
the oil, financial services, telecommunications and information
technology industries. The former Exel shareholders include a trust
with rural women as beneficiaries, a pension and provident fund with
members who are pump attendants, service station owners and an eminent
women's group .

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