Coratina Fund

Redemption Date	6th March 2012*(revised)
Cost of "right to purchase" (RTP) contracts	$14.2 million
Date of next set of audited accounts	31st December 2011**

Links to CISX announcements:

Final Results as at 30th June 2011
http://www.cisx.com/download_news.php?newsID=183758

Net Asset Value
Net asset value (NAV) per share as at 30th June 2011– US $86.75

Further information as at February 2012:

The latest accounts (see link above) include a Property Managers Report as at December 2011.

* This is an indicative date, subject to various factors disclosed in the original Memorandum, in particular, the completion and re-sale of "right to purchase" contracts and developments
** The accounts will be available on Channel Islands Stock Exchange once audited and should be no later than 30th June 2012