CROCUS INVESTMENT FUND

WHEREAS:

(A) By Order No. 4713 of The Manitoba Securities Commission (the "Commission") dated March 23, 2005, issued under section 131(1)(c) of The Securities Act (Manitoba) (the "Act"), filing of the financial statements for the year ended September 30, 2004 (the "Financial Statements") of Crocus Investment Fund (the "Issuer") was extended to June 30, 2005 and by Order No. 4818 of The Commission dated June 30, 2005, the filing of the Financial Statements was further extended to September 30, 2005 (the "Orders");

(B) A copy of the Financial Statements has not yet been filed with the Commission as required by the Act;

(C) On the basis of the foregoing, I am of the opinion that it is in the public interest that trading in the securities of the Issuer should cease until such time as the Issuer complies with the requirements of the Act.

I HEREBY ORDER under a delegation to me by the Commission under subsection 4(1) of the Act of the powers in that behalf:

1. THAT, under section 148(1) of the Act, trading in the securities of the Issuer shall cease until such time as:

(a) the Issuer becomes current in its filings with the Commission under
the Act and pays all outstanding fees to the Commission; and

(b) the Issuer submits a written request to the Commission to have this order revoked.

DIRECTOR