Appointment of Chief Financial Officer

28 May 2014

                                                ASX Code: RRS and AIM Code: RRL

                            Range Resources Limited                             

                          ("Range" or "the Company")                           

                    Appointment of Chief Financial Officer                     

Range is pleased to announce with immediate effect the appointment of Mr. Nick
Beattie as Chief Financial Officer ("CFO"), to be based in London.

Nick Beattie, aged 40, has over twenty years of experience in finance working
with a range of international banks.  Most recently Nick was a Managing
Director in the BNP Paribas Upstream Oil and Gas team in London where he was
responsible for leading the bank relationships with UK focused independent E&P
companies.  He has approximately ten years' experience specifically financing
the E&P sector and whilst at BNP Paribas, Nick structured and led numerous
reserve based loans, development financings and other debt facilities.  Prior
to working with BNP Paribas, Nick worked as a Director within the Oil and Gas
finance team at Fortis Bank covering Europe, Middle East and Africa and in a
variety of roles with National Australia Bank Group.  Nick is an Associate
Member of the Association of Corporate Treasurers and a Fellow of the Chartered
Institute of Bankers in Scotland.

Rory Scott Russell, CEO, commented:

"I am delighted to announce the appointment of Nick Beattie as our new CFO,
which further enhances the Company's senior management team. Nick brings a
wealth of highly valuable knowledge, as well as an extensive range of finance
skills and commercial experience in international financing of Oil and Gas
projects. This will add invaluable experience to complement the skills of the
existing executive team, as the Company continues to develop and grow in the
years ahead."



Yours faithfully

Rory Scott Russell
Chief Executive Officer



Contacts                              

Range Resources Limited               Buchanan (Financial PR - UK)       
Rory Scott Russell                    Ben Romney / Helen Chan                  
                                      T: [phone]                  
                                      E: [e-mail]        

GMP Securities Europe LLP (Broker)    RFC Ambrian Limited (Nominated Advisor)  
Rob Collins / Liz Williamson          Samantha Harrison / Trinity McIntyre     
T: [phone]               T: [phone] / [phone]   

PPR (Financial PR -Australia)         Cowen Group(Principal American Liaison)  
David Tasker                          OTCQX International Market (U.S.) 
T: [phone]                  Christopher Weekes / Stephen Nash      
E: [e-mail]            T: [phone]   


Range Background

Range Resources Limited is a dual listed (ASX:RRS; AIM:RRL) oil & gas
exploration company with oil & gas interests in Trinidad; Puntland, Somalia;
the Republic of Georgia; Guatemala; Texas, USA, and Colombia.

  * In Trinidad Range holds a 100% interest in holding companies with three
    onshore production licenses and a fully operational drilling subsidiary.
    Independently assessed Proved (P1) reserves in place of 17.5 MMBO with 25.2
    MMBO of proved, probable and possible (3P) reserves and an additional 81
    MMBO of unrisked prospective resources. Range also has a farm in with Niko
    Resources giving it exposure to circa 280,000 acres of prospective onshore
    and offshore acreage.
   
  * In the Republic of Georgia, Range holds a 45% farm-in interest in onshore
    blocks VIa and VIb, covering approx. 7,000sq.km. The Company is focussing
    on a revised development strategy that will focus on low-cost, shallow
    appraisal drilling of the contingent resources around the Tkibuli-Shaori
    ("Tkibuli") coal deposit, which straddles the central sections of the
    Company's two blocks, along with attracting potential farm-in partners
    across the license areas given the recent review performed across the
    licenses.
   
  * In Puntland, Range holds a 20% working interest in two licenses
    encompassing the highly
    prospective Dharoor and Nugaal valleys. The operator and 60% interest
    holder, Horn Petroleum
    Corp. (TSXV: HRN) has completed two exploration wells and will continue
    with a further seismic and well program over the next 12-18 months.
   
  * Range has the option to earn a 65% (option to move to 75%) interest in
    PUT-6 block in Putumayo Basin in Southern Colombia, which the Company is
    currently reviewing.
   
  * Range has taken a strategic stake in Citation Resources Limited (ASX: CTR)
    and Latin American Resources (LAR) which hold interest in two oil and gas
    development and exploration blocks in Guatemala with Canadian NI 51-101
    certified proved plus probable (2P) reserves of 2.3 MMBBL (100% basis).
    Range has a direct and indirect 32% interest in the Guatemalan Project.
   
                                                                    
Australia                               London                                 
Ground Floor, 1 Havelock Street, West   Suite 1A, Prince's House, 38 Jermyn    
Perth WA 6005, Australia                Street, London SW1 6DN                 
t:[phone], f:[phone]    t:[phone], f:[phone]   
e:[e-mail]           8028                                   
                                        w: www.rangeresources.com.au