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Mon 31 Jan 2011, 11:50 FSE - Firestone Energy Limited - Director Resignation and Appointment of New
FSE
FSE                                                                             
FSE - Firestone Energy Limited - Director Resignation and Appointment of New    
Chairman                                                                        
FIRESTONE ENERGY LIMITED                                                        
(formerly Centralian Minerals Limited)                                          
(Registration number: ABN 058 436 794)                                          
(SA company registration number: 200/023973/10)                                 
Share code on the JSE: FSE                                                      
Share code on the ASX: FSE                                                      
ISIN: AU000000FSE6                                                              
("FSE" or "the Company"                                                         
Director Resignation and Appointment of New Chairman                            
Firestone Energy Limited, "Firestone" (ASX/JSE: FSE), wishes to announce the    
resignation of Mr John Dreyer from the position of Chairman and Independent     
Non Executive Director of the Company, effective immediately.                   
The Firestone Board wishes to express its gratitude to Mr Dreyer for his        
contribution to the Company during the term of his tenure. Mr Dreyer leaves     
the Company poised to embark on its next stage of development, having made      
solid progress toward establishing future off-take contracts. The Board wishes  
Mr Dreyer every success in his future endeavors.                                
Additionally, the Firestone Board is pleased to announce the appointment of Mr  
David Perkins, an existing Non-Executive Director of the Company, to the role   
of Chairman. Mr Perkins was elected to the position of Chairman by his fellow   
Board members and assumes the position effective close of business today.       
Mr Perkins is the principal of Perkins Solicitors and is a Non-Executive        
Director of Australian stockbroking firm, BBY Limited. He was previously        
General Counsel and Company Secretary for the JP Morgan Chase and Company       
(formerly The Chase Manhattan Bank) for Australia New Zealand and Oceania.      
Mr Perkins has Bachelor of Jurisprudence and Bachelor of Law degrees from the   
University of New South Wales, a post graduate Diploma of Corporate             
Administration and is a Fellow of both the Australian Institute of Company      
Directors and Chartered Secretaries Australia.  He is also a member of the Law  
Society of New South Wales.                                                     
Further information can be obtained by contacting the person below on           
+61 (08) 9 2874600.                                                             
Jerry Monzu                                                                     
Company Secretary                                                               
www.firestoneenergy.com.au                                                      
31 January 2011                                                                 
Pretoria                                                                        
Sponsor and Corporate Advisor                                                   
River Group                                                                     
Date: 31/01/2011 11:50:01 Produced by the JSE SENS Department.                  
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