JV Partner Trading Halt & Suspension

21 August 2012


The Manager
Company Announcements
Australian Securities Exchange Limited
Level 6, 20 Bridge Street
Sydney NSW 2000


By e–lodgement

Range Resources Limited ("Range" or the "Company") notes the trading halt on
the ASX and suspension on AIM in relation to trading in the shares of Red
Emperor Resources NL ("RMP"), one of Range's joint venture partners in the
Puntland exploration project, pending the release of a drilling update on the
Shabeel North well.

Range wishes to advise that final downhole logging is currently underway but
that no results are yet available from the operator, Horn Petroleum Corp. Range
will release any results as soon as they become available.


Yours faithfully


Peter Landau
Executive Director


Contacts

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

PPR (Australia)                                Tavistock Communications (London)
David Tasker                                   Ed Portman
Tel: [phone]                         Tel: + 44 (0) 20 7920 3150
Em: [e-mail]                    Em: [e-mail]

RFC Ambrian Limited (Nominated Advisor)        Old Park Lane Capital (Joint Broker)
Stuart Laing                                   Michael Parnes
Tel: [phone]                         Tel: [phone]

Fox-Davies Capital Limited                     GMP Securities Europe LLP (Joint Broker)
Daniel Fox-Davies / Oliver Stansfield          Chris Beltgens
Tel: [phone]                      Tel: [phone]


London

Suite 1A, Prince's House, 38 Jermyn Street, London SW1 6DN
t: [phone], f: [phone]

Australia

Ground Floor, 1 Havelock Street, West Perth WA 6005, Australia
t: [phone], f: [phone]