Ann: Agreement for Sale of Slate Dam, page-2

Aruma Resources Limited (ASX: AAJ) is pleased to advise that a
subsidiary company, Aruma Exploration Pty Ltd has entered into a
binding Sale and Purchase Agreement for the sale of the Slate Dam
Gold Project, including the Trojan Resource and Clinker Hill Project, to
Black Cat (Bulong) Pty Ltd ("Black Cat Bulong") for a cash consideration
of $500,000. Black Cat Bulong is a subsidiary of Black Cat Syndicate
Limited (ASX:BC8). Black Cat Bulong has paid a non-refundable deposit
of $50,000 with the balance of the consideration, $450,000, to be paid
at settlement.