RAGUSA MINERALS LTD — Earnings Release 2014

Jul 23, 2014

ABN 39 143 194 165

Level 4, 1 Alfred Street SYDNEY NSW 2000

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24 July 2014

PO Box R1695, Royal Exchange NSW 1225 Telephone: (612) 9080 2377 Facsimile: (612) 9080 2378

ASX Limited Level 6, Exchange Centre 20 Bridge Street Sydney NSW 2000 Attention: Company Announcements

2014 PRELIMINARY RESULTS AND DIVIDEND GUIDANCE (Amendment)

The Company advises that the previous ASX announcement incorrectly stated Expected profit before tax. The correct statement is Expected profit after tax .

The Directors of Aurora Funds Limited (ASX: AFV) are pleased to provide the following preliminary update based on unaudited financial statements for the financial year ending 30 June 2014, and that it intends to declare and pay a dividend to shareholders.

AUD $’m	FY 2014	FY 2013
Operating Revenue	4.1	3.3
Operating Expenses	(3.8)	(3.8)
Operating EBITDA*	0.3	(0.5)
Expected profit after tax	0.9	(0.5)

* Operating EBITDA: earnings before interest, tax, depreciation and amortisation

HIGHLIGHTS:

• FY 2014 full year revenue generated of $4.2 million (up 24.4%)

• FY 2014 EBITDA of $0.3 million (up 154.2%)

• Net profit after tax of $0.9 million (up 273.8%)

• The Group had cash reserves of $4.01m at the end of the financial year

The amount and timing of the dividend will be announced at a later date. In the interim the Board has asked registry to contact shareholders to ask for dividend reinvestment plan election information, bank account details and tax file numbers.

The preliminary result is in keeping with our long term expectations and represents a significant improvement over the previous financial year.

Yours faithfully

Aurora Funds Limited