Net Asset Value(s)

9 March 2010

RAPID REALISATIONS FUND LIMITED

("THE COMPANY")

NET ASSET VALUE AT 31 DECEMBER 2009

Rapid Realisations Fund Limited, the close-ended investment company which floated on AIM on 2 August 2007, today reports that its Net Asset Value ("NAV") as at 31 December 2009 was £60,460,416.85.

The Company has 57,701,445 shares in issue, which has resulted in an NAV per share at 31 December 2009 of 104.78 pence, an increase of 5.37% for the quarter.

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For further information

Cenkos Fund Managers Limited +44 (0) 1942 271746

Nominated Adviser Grant Thornton Corporate Finance

Philip Secrett +44 (0) 20 7383 5100

Note

http://www.rapidrealisations.com