FDI.L Share News (FDI)

| | of which Euroclear UK & Ireland | | | Limited is operator as defined in the | | | CREST Regulations) | +--------------------+---------------------------------------+ | CREST Regulations | means the Uncertificated Securities | | | Regulations 1996 (SI 1995 NO. | | | 93/3272), as amended | +--------------------+---------------------------------------+ | Daily Official | the Daily Official List published by | | List | the London Stock Exchange | +--------------------+---------------------------------------+ | De Beers | De Beers SA | +--------------------+---------------------------------------+ | Debswana | Debswana Diamond Company Limited | +--------------------+---------------------------------------+ | Definitive | the definitive feasibility study in | | Feasibility Study | the course of being produced by LMDC | | or DFS | in relation to the Main Pipe | +--------------------+---------------------------------------+ | Disclosed | fairly disclosed in: | | | (i) the 2009 annual report | | | and accounts of Kopane (including the | | | audited consolidated financial | | | statements of Kopane for the year | | | ended 30 June 2009); | | | (ii) the interim financial | | | statements of Kopane for the six | | | month period ended 31 December 2009; | | | (iii) all documents in | | | Kopane's online data room which has | | | been made available as at 6.00pm on | | | 20 July 2010 to Firestone and its | | | advisers; or | | | (iv) any public announcement | | | released by or on behalf of Kopane to | | | a Regulatory Information Service at | | | any time prior to 6.00 p.m. on 20 | | | July 2010 | +--------------------+---------------------------------------+ | Dredge and | the floating dredge and processing | | Floating Treatment | plant proposed to be used by | | Plant | Firestone to process alluvial diamond | | or FTP | material for Namdeb | | | | +--------------------+---------------------------------------+ | Effective Date | the date on which the Scheme becomes | | | effective in accordance with its | | | terms | +--------------------+---------------------------------------+ | Enlarged Group | the Firestone Group and the Kopane | | | Group following the Acquisition | | | becoming effective | +--------------------+---------------------------------------+ | Evolution | Evolution Securities Limited, | | Securities | authorised and regulated by the | | | Financial Services Authority and | | | financial adviser and broker to | | | Firestone | +--------------------+---------------------------------------+ | Exchange Ratio | 0.4657 of a New Firestone Share for | | | every 1 Kopane Share | +--------------------+---------------------------------------+ | Existing Firestone | the Firestone Shares in issue as at | | Shares | the Effective Date | +--------------------+---------------------------------------+ | Financial Services | the UK Financial Services Authority | | Authority or FSA | | +--------------------+---------------------------------------+ | finnCap | finnCap Limited, authorised and | | | regulated by the Financial Services | | | Authority and financial adviser, rule | | | 3 adviser and nominated adviser to | | | Kopane | +--------------------+---------------------------------------+ | Firestone | Firestone Diamonds plc, a company | | | registered in England and Wales with | | | registered number 3589905 | +--------------------+---------------------------------------+ | Firestone Board | the board of directors of Firestone | +--------------------+---------------------------------------+ | Firestone Circular | the document comprising an admission | | | document in accordance with the AIM | | | Rules to be produced by Firestone and | | | posted to the Firestone Shareholders | | | as soon as practicable following the | | | Announcement Date containing the | | | notice convening the Firestone GM and | | | providing information on the New | | | Firestone Shares and the Enlarged | | | Group | +--------------------+---------------------------------------+ | Firestone | the directors of Firestone as at the | | Directors | date of this Announcement and | | | "Firestone Director" means any one of | | | them | +--------------------+---------------------------------------+ | Firestone GM or | the general meeting of Firestone to | | Firestone General | be convened in connection with the | | Meeting | Acquisition, including any | | | adjournment thereof | +--------------------+---------------------------------------+ | Firestone Group | Firestone and its Group | +--------------------+---------------------------------------+ | Firestone | the resolutions to be proposed at the | | Resolutions | Firestone GM for the purposes of, | | | inter alia, approving and | | | implementing the Acquisition | +--------------------+---------------------------------------+ | First Firestone | the ordinary resolution to be | | Resolution | proposed at the Firestone GM to | | | approve and implement the | | | Acquisition, to approve the increase | | | in authorised share capital and to | | | grant the Firestone Directors | | | authority to allot the New Firestone | | | Shares | +--------------------+---------------------------------------+ | Firestone | a holder of Firestone Shares | | Shareholder | | +--------------------+---------------------------------------+ | Firestone Shares | ordinary shares of 20p each in the | | | capital of Firestone (including, if | | | the context so requires, the New | | | Firestone Shares) | +--------------------+---------------------------------------+ | FSMA | means the Financial Services and | | | Markets Act 2000 (as amended) | +--------------------+---------------------------------------+ | GOL | Government of the Kingdom of Lesotho | +--------------------+---------------------------------------+ | Group | in relation to any person, that | | | person and any companies which are | | | holding companies, subsidiaries or | | | subsidiary undertakings of it or of | | | any such holding company | +--------------------+---------------------------------------+ | holding company | has the meaning given to it in the | | | Companies Act | +--------------------+---------------------------------------+ | Implementation | the implementation agreement between | | Agreement | Firestone and Kopane dated the date | | | hereof in connection with the | | | implementation of the Acquisition | +--------------------+---------------------------------------+ | Indicated Resource | the part of a mineral resource for | | | which the tonnage, densities, shape, | | | physical characteristics, grade and | | | mineral content can be estimated with | | | a reasonable level of confidence. It | | | is based on exploration, sampling and | | | testing information gathered through | | | appropriate techniques from locations | | | such as outcrops, trenches, pits, | | | workings and drill holes. The | | | locations are too widely or | (MORE TO FOLLOW) Dow Jones Newswires July 21, 2010 06:55 ET (10:55 GMT)