Initial Directors Interest Notice About Firestone Energy Firestone Energy Limited is an independent, Australian exploration and FIRESTONE ENERGY LIMITED development company listed on the Australian Stock Exchange Ltd (ASX) and (Incorporated in Australia) the Johannesburg Stock Exchange (JSE). Firestone Energy has entered into a Joint (Registration number ABN 058 436 794) Venture with Sekoko Resources (Pty) Ltd through which Firestone Energy has Share code on the JSE Limited: FSE acquired the right to 60% participation interests in the Waterberg Coal Project Share code on the ASX: FSE located in Lephalale area, Limpopo Province, South Africa. ISIN: AU000000FSE6 (SA company registration number 2008/023973/10) The first stage of the project is to develop the Smitspan mine which has a substantial ("FSE" or "the Company") measured thermal coal resource and to develop the Vetleegte mine which is a substantial metallurgical coal deposit. 15 November 2013 Firestone Energy is committed to becoming a profitable independent coal and energy producer at its projects in South Africa, Initial Directors Interest thereby making a substantial contribution to the social and economic development of the We refer to the ASX Announcement dated 13 November 2013 regarding the Lephalale area and South Africa. appointment of Mr George Oupa Magashula. Corporate Details Mr Magashula’s appointment date is 13 November 2013 and not 1 November 2013. ASX: FSE JSE: FSE Issued Capital: Stephen W Miller 3,549 million ordinary shares CEO Firestone Energy Limited Major Shareholder: The Waterberg Coal Company Ltd www.firestoneenergy.com.au Tel: Australia (+61 08 9287 4600) Directors and Officers South Africa (+27 11 706 3548) Non Executive Directors: Dr Pius Kasolo Ben Mphahlele Kobus Terblanche Brian McMaster David Knox Officers: Mr Stephen Miller CEO and Executive Director Ms Amanda Matthee CFO Mr Jonathan Hart Company Secretary Contact: Level1, 330 Churchill Avenue Subiaco Western Australia 6008 Tel: +61 (08) 9200 4465 Fax:+61(08) 9200 4469 Web: www.firestoneenergy.com.au Appendix 3X Initial Director’s Interest Notice Firestone Energy Limited ABN: 71 058 436 794 We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act. (a) Name of Director Mr George Oupa Magashula Date of appointment 13 November 2013 Part 1 - Director’s relevant interests in securities of which the director is the registered holder Number & class of securities Nil Part 2 – Director’s relevant interests in securities of which the director is not the registered holder Name of holder & nature of interest Number & class of Securities Nil Part 3 – Director’s interests in contracts Detail of contract N/A Nature of interest N/A Name of registered holder N/A (if issued securities) No. and class of securities to N/A which interest relates 15 November 2013 Johannesburg Sponsor River Group Date: 15/11/2013 11:31:00 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.