Transaction in Own Shares

12 December 2019

Reconstruction Capital II Limited (the "Company")

Transaction in Own Shares

Reconstruction Capital II Limited ("the Company") announces that on 12 December 2019, it purchased for cancellation 300,000 of its ordinary shares of EUR 0.01 each ("Ordinary Shares") at a price of EUR 0.12 per share.

Following the above transaction, the total number of Ordinary Shares with voting rights is 135,956,913. The above number of 135,956,913 may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

For further information, please contact:

Reconstruction Capital II Limited

Cornelia Oancea / Anca Moraru

Tel: +40 21 316 7680

Grant Thornton UK LLP

(Nominated Adviser)

Philip SecrettTel: +44 (0) 20 7383 5100