Return of Capital

12 October 2011

Rapid Realisations Fund Limited (the "Company")

Return of Capital

Following a board meeting of the Company, the Board have resolved to return to Shareholders 2.5p per Share by way of a bonus issue of B Shares to Shareholders on the Company's register on the record date of 21 October 2011. The Company's Shares will have an ex-date of 19 October 2011.

Following their issue the B Shares will be immediately redeemed by the Company on a pro rata basis. The redemptions will have a settlement date of 26 October 2011.

-ends-

Enquiries:

Grant Thornton Corporate Finance

Philip Secrett / David Hignell

+44 (0)20 7383 5100

Rapid Realisations Fund Limited

Rhys Davies

+41796200215