Issue of Equity

Red Rock Resources plc
28 January 2008

                             RED ROCK RESOURCES PLC



                                Issue of Equity





Dated: 28 January 2008



Red Rock Resources plc ('Red Rock' or the 'Company') the mineral exploration and
development company focused on advancing iron ore, uranium and manganese
projects in Australia and East Africa, has issued 18,000,000 new ordinary shares
of 0.1p each in the capital of the Company (the 'Placing Shares') at 2p per
Placing Share, conditional on the Placing Shares being admitted to trading on
AIM.

City Equities Limited has agreed to subscribe for 12,500,000 Placing Shares at
2p per Placing Share. This holding represents approximately 4.55% of the issued
share capital of the Company as enlarged by the placing.

Regency Mines plc ('Regency') has agreed to subscribe for 4,000,000 Placing
Shares at 2p per Placing Share. Following the placing Regency will hold
107,250,000 ordinary shares in the Company, which is approximately 39.1% of the
issued share capital as enlarged by the placing.

Following the issue of the Placing Shares the Company's total issued share
capital will be 274,480,832 ordinary shares of 0.1p each. Application has been
made to the London Stock Exchange for the Placing Shares to be admitted to
trading on AIM. Dealings are expected to commence at 8.00 a.m. on Friday 1
February 2008.

Enquiries:


Andrew Bell                07766 474849        Red Rock Resources plc                    Chairman

John Simpson               020 7512 0191       ARM Corporate Finance Ltd        Nominated Adviser

Ron Marshman / John        020 7628 5518       City of London PR Limited         Public Relations
Greenhalgh



Updates on the Company's activities are regularly posted on Red Rock's website,
www.rrrplc.com.




                      This information is provided by RNS
            The company news service from the London Stock Exchange