Acquisition

Red Rock Resources plc
28 December 2005



                            Red Rock Resources plc

    Acquisition of properties prospective for uranium mineralisation in Malawi


Dated: 28 December 2005

Red Rock Resources plc ('Red Rock' or the 'Company') the mineral exploration and
development company focussed on advancing iron ore, uranium and manganese
projects in Western Australia and in Tasmania announced today it has purchased
two mineral properties prospective for uranium, located in the East African
country of Malawi. These properties comprise Exclusive Prospecting Licences 
('EPL') for the Chintheche property and the Machinga property, comprising
approximately 458.6 square kilometres.

The consideration of £23,300 will be satisfied in full by the issue of 800,000
new ordinary shares in the Company ('New Shares') at 2.6p per share and
2,500,000 ordinary shares of 0.1p in Zeus Energy Ltd ('Zeus'), a subsidiary of
Red Rock, at par.  It is the Company's intention to transfer all its uranium
assets to Zeus with the eventual intention of applying for the issued share
capital of Zeus to be admitted to the AIM Market of the London Stock Exchange ('
AIM'). The Company has made application for the New Shares to be admitted to
trading on the AIM from 4 January 2006.

Uranium in Malawi

There has been a significant increase in exploration activities, and in the
application for EPLs in Malawi, led by the activities of Paladin NL of Australia
(a subsidiary of Paladin Resources NL), focused on the Kayelekera uranium
deposit which was discovered and worked on by the U.K's Central Electricity
Generating Board in the early 1980's.

The Chintheche EPL

The Chintheche property of 135.6 square kilometres covers the Chintheche
radioactive zone as defined by the 'Interpretation of Airborne Geophysical
Survey Results' by Paterson, Grant & Watson for the United Nations Development
Programme Report in October 1987 (the 'UNDP report'), from a survey completed by
Hunting Geology and Geophysics of Toronto, Canada, flown in 1986, as part of a
United Nation sponsored program.

The Chintheche radioactive zone is located south of the town of Nkhata Bay on
the west shore of Lake Malawi. The EPL application covers the village of
Chintheche and is acquired based on the recommendation from the UNDP report
which indicated the following:

'The north-south trending Chintheche anomalous zone is underlain by interpreted
quartzites, quartz schist and amphibolites north of Chintheche, and
hornblende-biotite gneiss to the south. The regional mapping indicates a number
of interpreted faults underlying the Timberi clays and gravels; the north to
north-north-east structure parallels the highly anomalous radiometric anomaly
(U+KTH+).'

Red Rock will complete an extensive review of all previous data, followed by a
Phase 1 exploration program consisting of ground magnetics and spectrometer
surveys, geological mapping, geochemical surveys and prospecting, directed at an
initial drill program to test anomalous targets.

The Machinga EPL

The Machinga property covers some 323 square kilometres just north of the old
capital city of Zomba in south central Malawi. The UNDP report indicated two
areas for investigation for uranium exploration; the Chinduzi Radioactive Zone,
and the Machinga Radioactive Zone. Both of these target areas are covered by the
Machinga Property.

The Machinga Radioactive Zone is located south of the town of Liwonde and north
of Zomba, in south-central Malawi. The EPL application covers the village of
Machinga (formerly Kasupe). The UNDP report describes the Machinga radioactive
zone as:

'highly anomalous radiometric responses in the Machinga Target area are
associated with pegmatites, granititic dikes and veins, intruding the
Zomba-Chaone-Malasa syenite complex and surrounding basement gneisses. Previous
work was successful in detecting sub-economic grades of niobium and thorium and
lesser amounts of uranium. Based on the results of the present processing and
interpretation, we believe that the search radius for radioactive and rare
minerals should be extended within the target area.'

The Chinduzi Radioactive Zone is located at the south-eastern edge of the
Chinduzi nepheline syenite. The UNDP report indicates:

'The area immediately underlying the strong uranium anomaly (U+ on the ternary
spectrometer map) has mapped exposures of pegmatite dikes along the contact
between the nepheline-syenite to the north and the interpreted charnockitic
gneiss to the south. This geological-spectrometric correlation is similar to the
Machinga TH-U prospect to the east and therefore been selected as a new economic
target for uranium, thorium and rare earth mineralization'.

Red Rock plans a review of all previous data and an initial sampling program of
known niobium, thorium and uranium occurrences, followed by a Phase 1
exploration program consisting of ground magnetics, electromagnetic, and
spectrometer surveys, geological mapping, geochemical surveys and prospecting,
directed at an initial drill program to test anomalous targets.

Reasons for the acquisition and the consideration

Red Rock has purchased these prospective uranium properties from Kleinebar
Resources Ltd. ('Kleinebar'), a Canadian consulting company, as part of a focus
on uranium in Malawi and other parts of Africa. The directors consider the
properties to be attractive uranium properties identified and interpreted as
priority targets by high quality geophysical work. Under the agreement with
Kleinebar, the total consideration of £23,300 was satisfied by the issue of
800,000 New Shares of 0.1p at 2.6p per share and the issue of 2,500,000 new
ordinary shares of 0.1p in Zeus, a subsidiary of Red Rock, at par, Up to
C$15,000 of receipted expenditure incurred by Kleinebar in relation to the
properties will be reimbursed.

Two further significant areas have been applied for, 165 sq km at Ilomba Hill
and 154.6 sq km at Tambani, which have not been granted owing to the presence of
overlapping exploration licenses for other minerals. At the Ilomba Hill uranium
niobium deposit in the northwest of the country exploration by Goldfields of
South Africa and others identified five radiometric zones considered to be due
to uranium on which some trenching was carried out. The resource estimate would
need to be revalidated to comply with modern codes. At Tambani in the south west
of the country local exploration in the 1950s uncovered a number of small
uranium and thorium occurrences. The targets include a possible small high grade
uranium deposit.

Deferred consideration

In the event of grant of the EPL's covering Ilomba Hill and Tambani a further
800,000 new ordinary shares in the Company will be issued at 2.6p per share, as
well as a further 2,500,000 new ordinary shares in Zeus at par to Kleinebar, and
up to a further C$15,000 of receipted expenditure incurred by Kleinebar in
relation to the properties will be reimbursable.



The technical information in the announcement above has been reviewed by Mr
Robert Weicker, P.Geo., who has an Honors Degree in Earth Science from the
University of Waterloo, Waterloo, Canada, and is a Professional Geoscientist of
the Association of Professional Engineers and Geoscientists of British Columbia.
Mr Weicker has over 25 years experience in the mineral exploration and mining
industry. Mr. Weicker, a former Chief Geologist at the Williams mine, the
largest gold mine in Canada, is a director of several junior Canadian companies,
and familiar with the regulatory and exchange requirements of the TSX-Venture
and TSE. Mr Weicker has completed and/or co-authored pre-feasibility studies,
feasibility studies, assessment reports, valuation reports, 43-101 reports (both
domestic and internationally) and technical reports and reviews for submittal to
the TSX-Venture and AIM exchanges.

Since 1999, Mr. Weicker has developed his own consulting company, Kleinebar, the
vendor of the properties, with a focus on Asia, Mongolia and Nevada. Mr. Weicker
will assist with the Red Rock exploration activities and resource acquisition.

Mr Weicker consents to the inclusion in this announcement of the matters based
on his information in the form and context in which it appears above.


Enquiries:


Andrew Bell                          07766 474849        Red Rock Resources plc         Chairman

John Simpson                         020 7512 0191       ARM Corporate Finance Ltd      Nominated Adviser

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



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