Update re: Proposed Placing

14 Nov 2007 07:01

Reconstruction Capital II Ltd14 November 2007 14 November 2007 Reconstruction Capital II Limited Proposed Placing On 29 October 2007, the Board of Reconstruction Capital II Limited ('theCompany') announced its intention to raise €100 million by way of a placing ofnew Ordinary Shares (the "Placing"). Following the publication of the 31 October 2007 net asset value, the Companycan announce that the placing price per new Ordinary Share will be €1.54. For additional information, please contact: For more information: Reconstruction Capital II LimitedIon FlorescuTel: +44 (0) 7767 477192 LCF Edmond de Rothschild Securities (Broker)Hiroshi Funaki / Claire HeathfieldTel: +44 (0) 20 7845 5960 Grant Thornton Corporate Finance (Nominated Adviser)Philip SecrettTel: +44 (0) 20 7383 5100 This information is provided by RNS The company news service from the London Stock Exchange