RAGUSA MINERALS LTD — Net Asset Value 2012

Apr 2, 2012

ABN 39 143 194 165

3 April 2012

Attention: Company Announcements ASX Limited Sydney NSW 2000

For release under AFV, AOD, AIB, AUP and ABW

Aurora Funds Management Limited ABN 69 092 626 885, AFSL No. 222110 Fortitude Capital Pty Limited ABN 62 100 306 723, AFSL No. 221131 Sandringham Capital Pty Limited ABN 97 112 639 648

Level 2, 350 George Street SYDNEY, NSW 2000 PO Box R1695 Royal Exchange NSW 1225 Telephone: (612) 9080 2377 Facsimile: (612) 9080 2378 Email: enquiries@aurorafunds.com.au Website: www.aurorafunds.com.au

AURORA FUNDS LIMITED (AFV) Monthly FUM and Fund Performance – 31 March 2012

The estimated, unaudited Net Asset Value (cum-distribution) and performance information for the Aurora funds are as follows:

	Estimated NAV	Estimated Performance	Estimated Performance
	(per Unit)	1 month	Benchmark
Aurora Sandringham Dividend Income Trust (ASX Code:AOD)	$0.9494	0.38%	0.81%1
Aurora Global Income Trust (ASX Code:AIB)	$1.0814	0.37%	0.38%2
Aurora Property Buy-Write Income Trust (ASX Code:AUP)	$5.1014	0.90%	-0.69%3
Aurora Fortitude Absolute Return Fund (unlisted)	$0.9781	0.45%	0.35%4
Aurora Absolute Return Fund (ASX Code:ABW)	$1.1470	0.43%	0.35%4

The total estimated funds under management and administration for Aurora Funds Limited is:

$ million (cum-distribution) 31 March 2012 29 February 2012 Change Funds under Management/Administration 483.6 434.8 +48.8

The most recent Performance Newsletters for the various Funds can be found at www.aurorafunds.com.au and www.fortitudecapital.com.

Yours faithfully Aurora Funds Limited Aurora Funds Management Limited

Richard Matthews Company Secretary

Past performance is not a reliable indicator for future performance. The Benchmarks are:

1 50% of UBS Australia Bank Bill Index and 50% of S&P/ASX200 Accumulation Index

2 UBS Australia Bank Bill Index

3 S&P/ASX200 Property Accumulation Index (XPJAI)

4 RBA Cash Rate