Net Asset Value(s)

EPIC Reconstruction PLC
19 July 2006


                              COMPANY ANNOUNCEMENT

                                                                  19th July 2006



                            EPIC Reconstruction plc


The Directors of EPIC Reconstruction plc wish to announce that the NAV for the
end of June 2006 was 87.11p per share.

Enquiries:
EPIC Investment Partners                 Giles Brand
                                         Phone: [phone]



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