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Fri 19 Aug 2005, 14:38 Freestone Property Holdings Limited - Directors De
Freestone Property Holdings Limited - Directors Dealings In Securities          
FREESTONE PROPERTY HOLDINGS LIMITED                                             
(Previously Arnold Property Fund Limited)                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 2001/011887/06)                                            
Share code: FSP ISIN: ZAE000060299                                              
(`Freestone` or `the company`)                                                  
DIRECTORS DEALINGS IN SECURITIES                                                
In compliance with section 3.63 to 3.65 of the JSE Limited Listings             
Requirements, the following information is disclosed:                           
Name of director:                          C B Brayshaw                         
Date of transaction:                       19 August 2005                       
Number of securities:                      10 000                               
Price per security:                        590 cents per unit                   
Total value:                               R59 000.00                           
Class of securities:                       Linked units                         
Nature of transaction:                     Purchase                             
Nature and extent of director`s interest:  Direct beneficial                    
Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings   
Requirements.                                                                   
Rosebank                                                                        
19 August 2005                                                                  
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 19/08/2005 02:28:13 PM          
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
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