Return of Capital

5 July 2011

Rapid Realisations Fund Limited (the "Company")

Return of Capital

Following a board meeting of the Company held earlier today, the Board have resolved to return to Shareholders 6.5p per Share by way of a bonus issue of B Shares to Shareholders on the Company's register on the record date of 15 July 2011. The Company's Shares will have an ex-date of 13 July 2011.

Following their issue the B Shares will be immediately redeemed by the Company on a pro rata basis. The redemptions will have a settlement date of 20 July 2011.

-ends-

Enquiries:

Grant Thornton Corporate Finance

Philip Secrett

+44 (0)20 7383 5100

Rapid Realisations Fund Limited

Rhys Davies

+41796200215