ASX Price Query

Range Resources Ltd
                                                             ABN 88 002 522 009
                                                      www.rangeresources.com.au


11 February 2011

ASX PRICE QUERY

Range Resources Ltd ("Range" or the "Company") received a query from the
Australian Securities Exchange ("ASX") today in relation to the recent increase
in the Company's share price. The Company's response to the ASX was as follows:

I refer to your letter dated 11 February 2011 in relation to the recent change
in price of the Company's securities and respond as follows in line with the
number of your letter.

1. The Company is not aware of any information concerning it, that has not been
announced and which, if known, could be an explanation for recent trading in
the securities of the Company;

2. Not applicable;

3. Range recently announced the commencement of fraccing operations on its
Russel Bevly well in Texas and the successful results of its helium survey on
its drilling targets in Georgia. Since the release of those announcements the
share price has increased significantly (with volume) on its AIM traded shares
(with ASX following). In particular, on Thursday (10 February), there was a
significant increase in the Company's share price on the London AIM market
which would explain the increase in the share price on ASX today.

4. The Company confirms that it is in compliance with the ASX Listing Rules.

For and on behalf of the Board

Regards
Peter Landau
Executive Director

Contacts

Range Resources
Peter Landau
Tel : [phone]
Em: [e-mail]

Australia                           London

PPR                                 Travistock Communications
David Tasker                        Jonathan Charles
Tel: [phone]              Tel: + 44 (0) 207 920 3150
Em: [e-mail]         Em: [e-mail]

RFC Corporate Finance               Old Park Lane Capital 
(Nominated Advisor)                 (Broker)
Stuart Laing                        Forbes Cutler
Tel: [phone]              Tel: [phone]