pre open, page-7

another hedge fund gets set... 21 December 2006
Companies Announcement Office
Australian Stock Exchange Limited
20 Bond Street
SYDNEY NSW 2000
By E-Lodgement
STRATEGIC INVESTMENT
The Board of Range Resources Limited (ASX: RRS) is pleased to advise that the
Company has secured a strategic $1.5m investment from Firebird Global Master Fund,
Ltd and Firebird Global Master Fund II, Ltd., as Range presses ahead with finalising the
US$50m Canmex farm in agreement in Puntland and an AIM Listing.
Both Cayman-domiciled hedge funds are affiliated with New York-based Firebird
Management LLC, which manages over US$2.75b in eight funds dedicated to equity
investment in emerging markets.
Full details are attached in the Appendix 3B (2.3 cents per share with a free attaching 5
cent Oct 2007 option).
Yours Faithfully
MICHEAL POVEY
Managing Director
For further information please contact Joanna Kiernan +61 8 9488 5200
[email protected]