Abstract : The optical properties of a hematite-epoxy coating are predicted numerically and compared with el-lipsometry measurements. The highly-heterogeneous dispersion of nanocubic hematite particles in the epoxy resin is simulated using a previously developed two-scales random model. The local anisotropic permittivity tensor of hematite particles, and that of the epoxy, are estimated by ellipsometry measurements carried out on a macroscopic hematite and epoxy samples. Fourier-based methods using a "discrete" Green operator are used to treat complex permittivities. They predict the effective and local electric displacement field in the quasi-static approximation. The former is close to two estimates based on the Hashin-Shtrikman bounds and a self-consistent approximation. Good agreement is found between experimental data and FFT computations in the whole range of the visible spectrum.