RRF.L Regulatory News (RRF)

DAMILLE INVESTMENTS LIMITED (LSE:DIL)

Requisition of EGM

The board of directors of Damille Investments Limited ("Damille") announce that, via its nominee, it has requisitioned an Extraordinary General Meeting ("EGM") of Rapid Realisations Fund Limited ("RRF")

Damille holds 10,000,000 shares in RRF, representing 17.33 per cent of the issued share capital of RRF.

The resolutions which Damille are seeking to be put before shareholders are as follows:

Resolutions

1. "THAT the investment objective and policy of the Company be amended to be: "The investment objective of the Company is to manage the realisation of the Company's investment portfolio and to maximise the return of invested capital to shareholders during the period ending on 30 September 2013. During this period the Company shall not make any new investments."

2. "THAT Rhys Davies be and is hereby appointed a director of the Company with immediate effect."

3. "THAT Brett Miller be and is hereby appointed a director of the Company with immediate effect."

4. "THAT Article 84(a) of the Company's Articles of Association be amended so that the words "£150,000" be replaced with "£80,000" so that the maximum aggregate fees payable to directors is so reduced and the following sentence be added: "No director should receive more than £15,000 per annum with the exception of the chairman whose remuneration shall be limited to a maximum of £20,000 per annum".

For further information please contact:

Anson Fund Managers Limited

Secretary

Tel: 01481 722260

11 June 2010

E&OE - in transmission