Resignation of Broker

8 January 2016

Reconstruction Capital II Limited (the "Company")

Resignation of broker

The Company announces that it has been notified by Edmond de Rothschild Securities (UK) Limited of its decision to withdraw from investment companies broking and as a consequence its resignation as Broker to the Company effective 31 March 2016.

The Company is required, pursuant to AIM Rule 17, to retain a Broker at all times. The Board will consider the appointment of a replacement Broker in due course.

For further information, please contact:

Reconstruction Capital II Limited

Ion Florescu / Anca Moraru

Tel: +40 21 3167680

Grant Thornton UK LLP (Nominated Adviser)

Philip Secrett / Carolyn Sansom

Tel: +44 (0) 20 7383 5100