Replacement: Net Asset Value

This is a replacement to RNS announcement 5663K released at 14:53 today.

This is being reissued to correct the NAV per share at 31st March 2010.

21 April 2010

RAPID REALISATIONS FUND LIMITED

("THE COMPANY")

Replacement: NET ASSET VALUE AT 31 MARCH 2010

Rapid Realisations Fund Limited, the close-ended investment company which floated on AIM on 2nd August 2007, today reports that its Net Asset Value ("NAV") as at 31st March 2010 was £59,586,703.29.

The Company has 57,701,445 shares in issue, which has resulted in an NAV per share at 31st March 2010 of 103.27p.

-ends-

For further information

Cenkos Fund Managers Limited +44 (0) 1942 271746

Note

http://www.rapidrealisations.com