Introduction of polymers into the cement composites improves same of the properties of concretes and mortars. Therefore, the polymer-cement composites are successfully used in construction. The model of microstructure formation in cement composites modified with thermoplastic polymer (pre-mix modifiers) has already been developed and successfully implemented. However, the formation of microstructure in the case of epoxy-cement composites (containing post-mix modifier) demonstrates same peculiarities which should be taken into account when modelling the process. The microstructure of epoxy-cement composites and its formation is discussed in the paper. The model is offered, formulated on the basis of the microscopic observations and results of testing.