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Wed 14 Mar 2007, 8:30 FSP - Freestone - Salient Dates
FSP
 FSP                                                                             
FSP - Freestone - Salient Dates                                                 
Freestone Property Holdings Limited                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 2001/011887/06)                                            
Share code: FSP & ISIN: ZAE000060299                                            
("Freestone" or "the company")                                                  
SALIENT DATES                                                                   
Linked unitholders are referred to the announcement dated 18 December 2006 in   
respect of the offer by Emira to acquire all the issued linked units in         
Freestone and are advised that the following dates are of importance:           
                                           2007                                 
Voting record date to vote at the scheme    Wednesday, 14 March                 
meetings by close of trading on                                                 
Last day for receipt of proxies for the     Thursday, 15 March                  
scheme meetings by 10h00 (see note 3                                            
below) on                                                                       
Scheme meeting of Freestone shareholders    Monday, 19 March                    
to be held at 10h00 on                                                          
Scheme meeting of Freestone debenture       Monday, 19 March                    
holders to be held at 10h30, or ten                                             
minutes after the conclusion of the scheme                                      
meeting of Freestone shareholders,                                              
whichever is the later, on                                                      
Publication of results of scheme meetings   Monday, 19 March                    
on SENS on                                                                      
Publication of results of scheme meetings   Tuesday, 20 March                   
in the press on                                                                 
Receive approval from Competition           Tuesday, 20 March                   
Authorities (see note 7 below) expected on                                      
or about                                                                        
Court hearing to sanction the scheme        Tuesday, 27 March                   
(hereinafter referred to as "the return                                         
date") on                                                                       
Register Court Order with Registrar on      Wednesday, 28 March                 
Results of scheme published on SENS on      Wednesday, 28 March                 
Results of scheme published in the press    Thursday, 29 March                  
on                                                                              
Last day to trade in order to participate   Wednesday, 4 April                  
in the scheme (see note 5 below) on                                             
Suspension of listing of Freestone linked   Thursday, 5 April                   
units at commencement of trading on                                             
Maximum number of Emira PI`s listed and     Thursday, 5 April                   
trading commences                                                               
Scheme consideration record date being the  Friday, 13 April                    
date on which scheme participants must be                                       
recorded in the register to receive the                                         
scheme consideration, by close of trading                                       
on                                                                              
Election offer period closes at 12:00       Friday, 13 April                    
Operative date of the scheme at the         Monday, 16 April                    
commencement of trading on                                                      
Scheme consideration posted to              Monday, 16 April                    
certificated scheme participants (if                                            
documents of title are received on or                                           
prior to the scheme consideration record                                        
date) on or about                                                               
Dematerialised scheme participants should   Monday, 16 April                    
have their accounts (held at their CSDP or                                      
broker) updated on or about                                                     
Termination of listing of Freestone linked  Tuesday, 17 April                   
units at the commencement of trading on or                                      
about                                                                           
                                                                                
All dates and times may be changed by mutual agreement between Freestone and    
Emira and/or may be subject to regulatory approvals. Any change will be         
published in the press and on SENS.                                             
Rosebank                                                                        
13 March 2007                                                                   
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 14/03/2007 08:30:53 Produced by the JSE SENS Department.
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