Net Asset Value

31st August 2011

RAPID REALISATIONS FUND LIMITED

("THE COMPANY")

NET ASSET VALUE AT 30 JUNE 2011

Rapid Realisations Fund Limited, the closed-ended investment company which floated on AIM on 2nd August 2007, today reports that its Net Asset Value ("NAV") as at 30th June 2011 was £23,533,799.28

The Company has 57,701,445 shares in issue which has resulted in an NAV per share at 30th June 2011 of 40.79p a decrease of 7.88% for the quarter.

-ends-

For further information

Cenkos Fund Managers Limited +44 (0) 20 7397 8900

Note

http://www.rapidrealisations.com