Company Update and Executive Changes

Range Resources Limited

('Range' or 'the Company')

Company Update and Executive Changes

The Board of Range wishes to advise that Mr Rory Scott Russell has ceased employment with the Company effective immediately. 

Following Mr Scott Russell's departure, Mr David Riekie, Non-Executive Director, will assume an Executive Director role until a CEO is appointed to ensure that the Company's day to day operations can continue unimpeded and with a particular emphasis on reaching a satisfactory conclusion to the proposed US$50 million financing package with Core Capital Management Co., Ltd.

Mr David Riekie commented: " I look forward to providing executive oversight with the Board and the wider Range team to deliver on the Company's objectives. I would also like to thank shareholders for the patience they have shown during this time."

Contacts

Range Resources Limited

David Riekie (Executive Director)Evgenia Bezruchko (IR)

Cantor Fitzgerald Europe(Nominated Advisor and Broker)

David Porter / Sarah Wharry(Corporate finance)

Richard Redmayne (Corporate broking)

t. +44 (0)20 7894 7000

Buchanan (Financial PR - UK)

Ben Romney / Helen Chan

t. +44 (0)20 7466 5000

e. [email protected]

MAGNUS (Financial PR - Australia)

Rupert Dearden / Richard Glass

 t. + 61 8 6160 4900

e. [email protected]

Australian Office

945 Wellington Street

West Perth, WA 6005

Australia

 t. +61 8 9322 7600

f. +61 8 9322 7602

UK Office

Suite 1A, Prince's House38 Jermyn StreetLondon, SW1Y 6DNUnited Kingdom

t. +44 (0)20 7025 7040

f. +44 (0)20 7287 8028

e. [email protected]

www.rangeresources.co.uk