FSE - Firestone Energy Limited - Renewal of cautionary announcement and trading

FSE - Firestone Energy Limited - Renewal of cautionary announcement and trading 
halt                                                                            
FIRESTONE ENERGY 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")                                                        
RENEWAL OF CAUTIONARY ANNOUNCEMENT AND TRADING HALT                             
With reference to the cautionary announcement published on Friday, 28 January,  
shareholders are advised that the Company has entered into negotiations, which  
if successfully concluded may have a material effect on the price of the        
Company`s securities. Accordingly, shareholders are advised to exercise caution 
when dealing in the Company`s securities until a further announcement is made.  
With reference to the above cautionary and in compliance with the ASX rules FSE 
has requested a trading halt of its securities on the ASX until the commencement
of trading on Wednesday, 2nd February 2011 pending the release of an            
announcement.                                                                   
The Company has therefore requested the JSE to also trade halt the securities   
until a detailed announcement is published.                                     
Enquiries:                                                                      
Firestone Energy Limited                                                        
+61 8 9287 4600.                                                                
John Dreyer                                                                     
Chairman                                                                        
Jerry Monzu                                                                     
Company Secretary                                                               
Johannesburg                                                                    
31 January 2011                                                                 
Sponsor and Corporate Advisor                                                   
River Group                                                                     
Date: 31/01/2011 08:20:01 Supplied by www.sharenet.co.za                     
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