In the course of Sasol's ongoing investigation into anti-competitive behaviour within its fertilizer and phosphoric acid business, additional and relevant information was uncovered last week, after intensive and repeated interviews with employees and ex-employees.

 
The newly revealed evidence is relevant to one of the previously announced contraventions in the fertiliser business. The information was immediately reported to the Competition Commission.
 
In light of the new information, Sasol tendered an amendment to the previously announced settlement agreement, to expand the scope of the admissions that Sasol made in respect of the anti-competitive conduct in the fertilizer industry.
 
The Competition Commission agreed to the amendments but indicated that the amendment would require an increase in the administrative fine, that Sasol agrees to pay in terms of the settlement agreement, from R188,01 million to R250,68 million. The information changed the Commission's view of the nature and seriousness of one of the matters covered by the settlement agreement.
 
Sasol has committed itself to root out any form of anti-competitive behaviour and the proactive investigations into this will continue. The specific revelations last week, on the back of repeated and intensive interviews, indicated interviewees had not previously fully disclosed all relevant information. It is critical the internal investigation continues to ensure all relevant facts are brought to light and Sasol is committed to this review process.