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Wed 11 Apr 2007, 17:44 GEN - FTSE/JSE Africa Index Series: Freestone Prop
JSE   FSP   DIV   EMI
 GEN                                                                             
GEN - FTSE/JSE Africa Index Series: Freestone Property Holdings (South Africa): 
Scheme of Arrangement with Emira Property Fund (South Africa)                   
Freestone Property Holdings (South Africa): Scheme of Arrangement with Emira    
Property Fund (South Africa)                                                    
FTSE/JSE Africa Index Series                                                    
11 April 2007                                                                   
Subject to the completion of the Scheme of Arrangement between Freestone        
Property Holdings (South Africa) and Emira Property Fund (South Africa) and     
following notification from the Stock Exchange, FTSE and the JSE announces the  
following changes:                                                              
INDEX                       CHANGE                           EFFECTIVE FROM     
START OF TRADING    
FTSE/JSE Africa Mid Cap     Emira Property Fund (South       16 April 2007      
(J201)                      Africa, ZAE000050712, 6716044)                      
                           will remain in the index with                        
an increased shares in issue                         
                           total of 481,808,026 and an                          
                           increased investability                              
                           weighting of 75%.                                    
FTSE/JSE Africa Small Cap   Freestone Property Holdings      16 April 2007      
(J202)                      (South Africa, ZAE000060299,                        
                           B0BBY54) will be deleted from                        
                           the index.                                           
FTSE/JSE Africa All Share   Emira Property Fund will be      16 April 2007      
(J203)                      treated as above.                                   
                                                                                
                           Freestone Property Holdings                          
will be deleted from the index.                      
FTSE/JSE Africa Financial & Emira Property Fund will be      16 April 2007      
Industrial (J250)           treated as above.                                   
                                                                                
Freestone Property Holdings                          
                           will be deleted from the index.                      
FTSE/JSE Africa SA Listed   Emira Property Fund will be      16 April 2007      
Property (J253)             treated as above.                                   

                           Freestone Property Holdings                          
                           will be deleted from the index.                      
                                                                                
Diversified Property Fund                            
                           (South Africa, ZAE000072369,                         
                           B0LWD72) will be added to the                        
                           index with a shares in issue                         
total of 139,611,389 and an                          
                           investability weighting of 75%.                      
FTSE/JSE Africa Capped      Emira Property Fund will be      16 April 2007      
Property (J254)             treated as above.                                   

                           Freestone Property Holdings                          
                           will be deleted from the index.                      
                                                                                
Diversified Property Fund will                       
                           be added as above.                                   
FTSE/JSE Africa Property    Emira Property Fund will be      16 April 2007      
Unit Trust (J255)           treated as above.                                   
FTSE/JSE Africa Property    Freestone Property Holdings      16 April 2007      
Loan Stocks (J256)          will be deleted from the index.                     
FTSE/JSE Africa Capped All  Emira Property Fund will be      16 April 2007      
Share (J303)                treated as above.                                   

                           Freestone Property Holdings                          
                           will be deleted from the index.                      
FTSE/JSE Africa Shareholder Emira Property Fund will be      16 April 2007      
Weighted All Share (J403)   treated as above.                                   
                                                                                
                           Freestone Property Holdings                          
                           will be deleted from the index.                      
FTSE/JSE Africa Style (J330 Emira Property Fund will be      16 April 2007      
and J331)                   treated as above.                                   
                                                                                
                           Freestone Property Holdings                          
will be deleted from the index.                      
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Date: 11/04/2007 17:44:48 Produced by the JSE SENS Department.                  
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