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") Date 13 March 2013 Ms Fiona Murphy Australian Securities Exchange By Email: Fiona.Murphy@asx.com.au By Email: tradinghaltsperth@asx.com.au Request for Trading Halt Firestone Energy Limited (“Firestone” or the “Company”) hereby requests a trading halt of its securities with immediate effect. In accordance with listing rule 17.1, Firestone advises: • The Company had previously announced that the second stage of completion under the Investment Agreement with Ariona did not occur on 28 February 2013 and that the parties were in negotiation concerning setting a revised date for second stage of completion. The parties are in the final stages of confidential negotiations concerning a revised date for the second stage of completion and the status of the Investment Agreement. The Company therefore requests that a trading halt be granted and it is requested that the trading halt be in place for two trading days. • The event the Company expects to happen that will end the trading halt is an announcement by the Company as to the outcome of the negotiations concerning a revised date for second stage of completion and the status of the Investment Agreement. • Firestone is not aware of any reason why the trading halt should not be granted. Should you have any queries in relation to this matter, please do not hesitate to contact me. Yours faithfully, Jerry Monzu Company Secretary Firestone Energy Limited (ABN 71 058 436 794) Suite B9, 431 Roberts Road Subiaco WA 6008 Australia T: +61 8 9287 4605 F: +61 8 9287 4655 Sponsor River Group 13 March 2013 Date: 13/03/2013 08:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.