Statement from Crocus Investment Fund

WINNIPEG, Manitoba – Crocus Investment Fund released the statement below in response to the Office of the Auditor General's announcement to conduct a limited examination of the Fund.

"Crocus will fully cooperate with the Auditor General in its limited examination of the Fund.

We will also continue with the voluntary comprehensive assessment of the value of the Fund's portfolio and organizational review, which was announced by Crocus after requesting and receiving approval from the Manitoba Securities Commission to halt trading of its shares.

The Fund reconfirms its commitment to advance the interests of its shareholders and other stakeholders by taking these steps."