Board Changes FIRESTONE ENERGY LIMITED (Incorporated in Australia) Registration Number: ABN 058 436 794 (SA Registration Number: 2008/023973/10) Shares Code JSE: FSE Share Code ASX: FSE ISIN: AU000000FSE6 (SA company Registration Number: 2008/023973/10) ("FSE" or "the Company") 20 May 2014 About Firestone Energy Firestone Energy Limited is an independent, Australian exploration and development company listed on the Australian Stock Exchange Ltd (ASX) and the Johannesburg Board Changes Stock Exchange (JSE). Firestone Energy has entered into a Joint Venture with Sekoko Resources (Pty) Ltd through which Firestone Energy has acquired the right to 60% participation interests in the Waterberg Coal Firestone Energy Limited wishes to advise of the resignation of Mr Project located in Lephalale area, Limpopo Jonathan Hart as Company Secretary of the Company. Mr Hart retires Province, South Africa. from his position to focus on other business activities. The Board would like to thank him for his efforts to date and wish him well. The Board also The first stage of the project is to develop the wishes to announce the appointment of Mr Lee Boyd as Company Smitspan mine which has a substantial Secretary of the Company with immediate effect. measured thermal coal resource and to develop the Vetleegte mine which is a Yours sincerely substantial metallurgical coal deposit. Firestone Energy is committed to becoming a Stephen Miller profitable independent coal and energy Chief Executive Officer producer at its projects in South Africa, thereby making a substantial contribution to www.firestoneenergy.com.au the social and economic development of the Lephalale area and South Africa. 21 May 2014 Johannesburg Corporate Details Sponsor ASX: FSE JSE: FSE River Group Issued Capital: 3,549 million ordinary shares Major Shareholders: The Waterberg Coal Company Ltd Directors and Officers Non Executive Directors: George Oupa Magashula Lee Boyd Officers: Mr Stephen Miller CEO and Executive Director Ms Amanda Matthee CFO Mr Lee Boyd 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 Date: 21/05/2014 07:30:00 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.