AIM Rule 17 Notice

15 November 2011

Reconstruction Capital II Limited

("RC2" or the "Company")

AIM Rule 17 Notice

Reconstruction Capital II Limited (the "Company") (LSE/AIM: RC2) announces that pursuant to Rule 17 of the AIM Rules for Companies ("AIM Rules") the following change to a director's disclosure under Schedule Two, Paragraph (g) of the AIM Rules:

Mr Dirk Van den Broeck, a director of the Company, was formerly a non-executive director of New Paragon Investments Limited ("NPIL"), a company incorporated in Hong Kong. Mr Van den Broeck resigned from the board of NPIL on 16 May 2011, the day NPIL was placed into a Creditors' Voluntary Liquidation.

For more information contact:

For further information, please contact:

Reconstruction Capital II Limited

Ion Florescu / Anca Moraru

Tel: +44 (0) 207 244 0088/ +40 21 3167680

Grant Thornton Corporate Finance (Nominated Adviser)

Philip Secrett / David Hignell

Tel: +44 (0) 20 7383 5100

LCF Edmond de Rothschild Securities (Broker)

Hiroshi Funaki

Tel: +44 (0) 20 7845 5960