Net Asset Value(s)

Reconstruction Capital II Ltd
23 January 2008

Reconstruction Capital II Limited (the 'Company')


23 January 2008


Net Asset Value


The Company announces that at close of business on 31 December 2007 its
unaudited net asset value per share was €1.4710.


Quarterly report

A quarterly report which details the activities of the Company for the three
months ended 31 December 2007 will be issued shortly by the investment manager
and adviser of the Company.



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