FSE - Firestone Energy Limited - Appointment of Directors

FSE - Firestone Energy Limited - Appointment of Directors                       
FIRESTONE ENERGY LIMITED                                                        
(formerly: Centralian Minerals Limited)                                         
(Incorporated in Australia)                                                     
(Registration number ABN 058 436 794)                                           
Share code on the JSE Limited: FSE    Share code on the ASX: FSE                
ISIN: AU000000FSE6                                                              
(SA company registration number 2008/023973/10)                                 
("FSE" or "the Company")                                                        
Appointment of Directors                                                        
The Board of Firestone Energy Limited (ASX/JSE: FSE) wish to announce the       
appointment of two new South African based Non Executive Directors to the       
Company, effective immediately.                                                 
Mr Matsidiso Peter Tshisevhe and Dr Pius Chilufya Kasolo were nominated to the  
Board of Firestone Energy Limited as representatives of Firestone`s largest     
shareholder Sekoko Resources.                                                   
Both gentlemen have had distinguished careers in their respective fields of law 
and geology and come to Firestone very highly recommended.                      
Mr Peter Tshisevhe is a lawyer by profession and has extensive experience in the
fields of mergers and acquisitions, tax and corporate restructuring.  Peter has 
advised on numerous large transactions including advising the South African     
Government on the disposal of their stake in a telephone utility.               
Dr Pius Kasolo is a highly credentialed geologist and has extensive experience  
in the evaluation and management of mining projects, the formulation of company 
strategy, resource optimisation and business process analysis. Dr Kasolo sits on
several boards in South Africa and has published many papers in his field of    
geology.                                                                        
The Board of Firestone welcomes these gentlemen to the Company and looks forward
to working closely with them in achieving the Company`s vision of being a coal  
producer in the Waterberg region of South Africa.                               
Further information can be obtained by contacting the persons below on          
+61 (08) 9287-4600.                                                             
John Dreyer                   Jerry Monzu                                       
Chairman                      Company Secretary                                 
www.firestoneenergy.com.au                                                      
28 January 2011                                                                 
Pretoria                                                                        
Sponsor and Corporate Advisor                                                   
River Group                                                                     
Date: 28/01/2011 07:48:01 Supplied by www.sharenet.co.za                     
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