ASX Announcement 3 February 2009 Puntland Update Australian company Range Resources Limited (ASX: RRS; AIM: RRL) (�gRange�h or �gthe Company�h), the oil and gas explorer with assets in Puntland (Somalia), wishes to advise that a Presidential policy update of the new Puntland Government was presented to the Puntland Parliament over the weekend (31 January, 1 February 2009). This policy update covered many areas of interest to the Puntland region, but of particular interest to Range was the following statement: �gAs you all know there are agreements signed by the former government that raised complaints from various groups. These contracts were between the government, foreign and local companies. In principle, I recognise and accept these agreements, but we have to update ourselves and make sure that they are benefiting the people and are within the laws of Puntland.�h As mentioned in previous announcements, Range looks forward to establishing a constructive and mutually beneficial relationship with the new Puntland Government and its President, His Excellency, Dr. Abdirahman Mohamed Farole. Ends Contacts Range Resources Peter Landau Tel: +61 (8) 8 9488 5220 Em: [email protected] Australia London PPR Conduit PR David Tasker Jonathan Charles Tel: +61 (8) 9388 0944 Tel: + 44 (0) 20 7429 6666 Em: [email protected] Em: [email protected] RFC Corporate Finance ((Nominated Advisor) Fox�]Davies Capital (Broker) Stuart Laing Daniel Fox�]Davies Tel: +61 (8) 9480 2500 Tel: +44 (0) 207 936 5200
RRS Price at posting:
2.7¢ Sentiment: None Disclosure: Held