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Tue 4 Oct 2005, 16:43 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:                          RPS van der Bos                      
Date of transaction:                       30 September 2005                    
Number of securities:                      1 350                                
Price per security:                        610 cents per unit                   
Total value:                               R8 235,00                            
Class of securities:                       Linked units                         
Nature of transaction:                     Sale                                 
Nature and extent of director"s interest:  Indirect beneficial                  
Name of director:                          RPS van der Bos                      
Date of transaction:                       3 October 2005                       
Number of securities:                      12 000                               
Price per security:                        610 cents per unit                   
Total value:                               R73 200,00                           
Class of securities:                       Linked units                         
Nature of transaction:                     Sale                                 
Nature and extent of director"s interest:  Indirect beneficial                  
Name of director:                          RPS van der Bos                      
Date of transaction:                       4 October 2005                       
Number of securities:                      42 044                               
Price per security:                        610 cents per unit                   
Total value:                               R256 468,40                          
Class of securities:                       Linked units                         
Nature of transaction:                     Sale                                 
Nature and extent of director"s interest:  Indirect beneficial                  
Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings   
Requirements.                                                                   
Rosebank                                                                        
4 October 2005                                                                  
Sponsor                                                                         
Java Capital (Pty) Limited                                                      
Date: 04/10/2005 04:43:17 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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