Cyclosporin protects these mitochondria, blocking neuron
death and preserving normal brain
function. Internet address: www. 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. 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.
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. 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.
swaziland regional
Cyclosporin has been
shown to be a powerful and effective neuroprotectant
in preclinical
models of neurological diseases from traumatic brain injury to
amyotrophic lateral
sclerosis (ALS). 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
.engen.egypt nigeria
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).
Since its incorporation PETRONAS has grown to be an integrated
international oil and
gas company with business interests in 35
countries.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.
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.zimbabwe business
Maas BiolAB has been
granted patents in 36 countries including
North America (USA, Canada, Mexico), Europe (Austria, Belgium
, Czech
Republic, Denmark, France, Germany, Greece, Ireland, Italy, Latvia,
Lithuania, Luxembourg
, Monaco, Netherlands, Portugal, Slovenia, Spain,
Sweden, Switzerland, United Kingdom), Africa (Ghana
, Kenya, Lesotho,
Malawi, Sudan, Swaziland, Uganda, Zimbabwe), Antipodes (Australia, New
Zealand
), Russia, China, and now Japan. The company
also manufactures and markets synthesis gas and operates
the only
inland crude oil refinery in South Africa.com.my
Information on Worldwide
Worldwide
is a black-owned and managed investment holding company
founded in 1994.economy business
Cyclosporin is a unique
drug that protects the mitochondria within
neurons from the streams of attack found in degenerative
brain
diseases and injury.
Maas BiolAB, LLC is a privately held neuropharmaceutical
corporation
based in Albuquerque, NM, USA.
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. In South Africa Engen
has in the region of 1 250 service stations
and in the region of 450
Quickshop convenience stores. 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. Internet
address: www. 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.zimbabwe regional
The Maas Japan patent is for Cyclosporin Neuroprotection
treating the
gamut of neurological diseases.com
sasol. As at end of March 2004, the PETRONAS Group comprised
93
wholly-owned subsidiaries, 19 partly-owned outfits and 55 associated
companies.petronas. These
are forward-looking statements as defined in the U.nigeria ghana
The mitochondria are energy generators within
human cells.neuropharma.maasbiolab.Joint Statement: Shareholders in Proposed Uhambo Liquid Fuels
Joint Venture Welcome Competition Commission Announcement
Uhambo means "a
journey" in both IsiXhosa
and IsiZulu.com
Information on Petronas
PETRONAS, short for Petroliam Nasional Berhad
, is Malaysia's
national petroleum corporation established on 17 August 1974.
Almost 80% of the
company's revenue was derived from its export and
international operations.
Information on
Tshwarisano
Dr Penuell Maduna, the former South African cabinet minister, is
leading a group
of BEE investors for Tshwarisano.co. 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.zimbabwe south
M.
Maas BiolAB, LLC has
licensed the world rights for cyclosporin
neuroprotection in the CHRONIC neurodegeneration indications
of
amyotrophic lateral sclerosis, Huntington's disease, Parkinson's
disease and Alzheimer's disease
to its subsidiary Maas Biolab Inc,
also of Albuquerque (www.
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. The intention was to form a new liquid
fuels business to be called Uhambo Oil Limited. In the
future Sasol expects
to apply this technology to convert natural gas to diesel and
chemicals.
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. Engen's turnover for the year ended
March 31 2004 was R18 178-million and operating profit
for this period
was R752-million.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%). Private
Securities Litigation Reform Act of 1995. If one or more of these risks materialize
, or should
underlying assumptions prove incorrect, actual results may be very
different from those
anticipated.kenya shopping
Japan Patent for Cyclosporin Brain-Protection Granted to Maas BiolAB
----Maas BiolAB
, LLC
announced that the Japan Patent Office has granted patent number
3643380. Japan, with a population
of 127
million people, is the second largest pharmaceutical market in the
world.
The new business
will include a 25% BEE shareholding comprising
AER and Tshwarisano LFB Investment.nigeria ghana
Business
Editors/Health/Medical Writers
BIOWIRE2K
ALBUQUERQUE, N.
The FDA has granted Orphan Drug
designation to Maas BiolAB for
cyclosporin as a treatment for ALS.se).
Information on Sasol
Sasol, with a market capitalisation of approximately USD 16
billion, is an integrated oil
and gas group with substantial chemical
interests. 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. Internet address:
www.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. 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.S.nigeria ghana
Maas BiolAB, LLC has
licensed the world
rights for cyclosporin neuroprotection in the ACUTE
indications of traumatic brain injury, spinal
cord injury and stroke
to its subsidiary NeuroPharma AB of Lund, Sweden (www.
"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.
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. 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.
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
. All of Sasol's assets in distribution and marketing, as well as
assets in the marketing and storage
of fuel oil, are also included. 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
.kenya egypt
If the go-ahead is given by the South African Competition
Tribunal, Uhambo is expected to be
trading as soon as possible
thereafter.
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$25.2-billion. 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.ghana south
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