A . B . N . 69 092 626 885 AFSL No. 222110 S uite 61 3 , Level 6 370 S t Ki l d a R o a d MELBOU R N E V I C 3 0 0 4 T e le p h o n e : 1 3 0 0 5 53 431 E m a il : enquirie s @aurorafunds.com.au 14 January 2022 ASX Limited Level 6, Exchange Centre 20 Bridge Street Sydney NSW 2000 Attention: Company Announcements AURORA PROPERTY BUY - WRITE INCOME TRUST (AUP) W e advise that the estimated Net Asset Value per Uni t o f t h e T r u s t including franki n g credits as at 13 January 202 2 was $ 3. 44 . RNY Property Trust Aurora has an interest of approximately 6 6 % in the RNY Property Trust ( RNY ), which is listed on the ASX , with AUP holding 6 2 % . In September 2019 material inform a t i o n c a m e t o l i g h t regarding AUP ’ s investment in RNY . As a result, A urora has determined to carry AUP’s interest in RNY at 4 . 4 cents per unit (previously 1.4 cents per unit) . On 29 June 2020, Keybridge Capital Limited (Keybridge) announced it s intention to m a k e a n o f f - m a r ket all scrip takeover bid for RNY at an implied offer price of $0.011 per RNY unit1 (Keybridge Offer), with its Bidder’s Statement being dispatched on 28 August 2020. On 28 September 2020, Keybridge issued a substantial holde r notice stating i t h a d a c q u i r ed a relevant interest of 1.01% in RNY (from parties other than Aurora) through acceptances into the Keybridge Offer. Aurora has also elected to accept a portion of its Funds holdings into the Keybridge Offer. Consistent with its previous “tr u t h i n t a k e o v e rs” statement, Aurora has limited its acceptances into the Keybridge Offer at 41,450,000 RNY units. As a consequence of the acceptances into the Keybridge Offer, the implied offer price of $0.011 per RNY unit is now the most readily observab l e p r i c e f o r R NY securities. As such, this has resulted in the carrying value of Aurora’s direct investments in RNY being reduced from $0.044 to $0.011 per RNY unit, across its various Funds. On 20 January 2021, Huntley Management Limited (Huntley), as re s p o n s i b l e e n t i ty of RNY, announced that unitholders had passed a resolution to remove RNY from the Official List of the ASX. As a consequence of RNY's voting results, RNY was removed from the Official List of the ASX on 25 January 2021. About the Aurora P r o p e r t y B u y - Write Inc o m e Tr u s t T he Aurora Property Buy - Write Income Trust (“ F und ” ) s ee k s t o p r ovide i n v e s tors with capital growth a n d in c o me through owning a portfolio of ASX - listed property securities, and actively selling call option s over the portfol i o . Y o u r s f a i thfully A u r o r a F u n d s Management Limited as r esponsible entity for the Aurora Property Buy - Wr it e I n c o me Trust John Pat t o n C o m p any Secretary
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2022 Listcorp. ABN 60 166 140 307

Never miss news from Aurora Property Buy-Write Income Trust (ASX:AUP) when you join Listcorp.