Net Asset Value and Quarterly Report

17 May 2017

Reconstruction Capital II Limited (the "Company")

Net Asset Value

The Company announces that at close of business on 31 March 2017 its unaudited net asset value ("NAV") per share was €0.2603.

Quarterly report

A quarterly report which details the activities of the Company for the quarter ended 31 March 2017 will be issued in due course by the Adviser of the Company.

For further information, please contact:

Reconstruction Capital II Limited

Ion Florescu / Anca Moraru

Tel: +40 21 3167680

Grant Thornton UK LLP (Nominated Adviser)

Philip Secrett / Carolyn Sansom

Tel: +44 (0) 20 7383 5100