Notice of General Meeting

19 February 2010


Australian Securities Exchange
Level 4, 20 Bridge Street
SYDNEY NSW 2000


Via e-lodgement


Notice of General Meeting


Please find attached Notice of Meeting as dispatched to Shareholders. Please
refer to www.asx.com.au and the Company website for the full Notice of
Meeting.


Yours faithfully

Peter Landau
Executive Director



Range Resources Limited
ABN 88 002 522 009

NOTICE OF GENERAL MEETING

TIME: 10:00 am (WST)
DATE: 19 March 2010
PLACE: The University Club of WA
Seminar Room 1
Hackett Drive (Entrance Carpark 3)
Crawley WA 6009

This Notice of Meeting should be read in its entirety. If Shareholders are
in doubt as to how they should vote, they should seek advice from their
professional advisers prior to voting.
 
Should you wish to discuss the matters in this Notice of Meeting please do
not hesitate to contact the Company Secretary on ([phone].
CONTENTS PAGE

Notice of General Meeting (setting out the proposed resolutions) 3

Explanatory Statement (explaining the proposed resolutions) 7

Glossary 16

Schedule 1 - Terms and Conditions of Listed Options 17

Schedule 2 - Terms and Conditions of Director Options 19

Schedule 3 - Terms and Conditions of Unlisted Options 21

Schedule 4 - Valuation of Director Options 23

Proxy Form 24

TIME AND PLACE OF MEETING AND HOW TO VOTE

VENUE

The General Meeting of the Shareholders to which this Notice of Meeting
relates will be held at 10:00 am (WST) on 19 March 2010 at:

The University Club of WA
Seminar Room 1
Hackett Drive (Entrance Carpark 3)
Crawley WA 6009

YOUR VOTE IS IMPORTANT

The business of the General Meeting affects your shareholding and your vote is
important.

VOTING IN PERSON

To vote in person, attend the General Meeting on the date and at the place set
out above.

VOTING BY PROXY

To vote by proxy, please complete and sign the enclosed Proxy Form and return
by:

(a) post to Computershare Investor Services Pty Limited, GPO Box D182, Perth, Western Australia 6840; or

(b) facsimile to the Company on facsimile number ([phone]

so that it is received not later than 10:00 am (WST) on 17 March 2010.

Proxy Forms received later than this time will be invalid.

NOTICE OF GENERAL MEETING

Notice is given that the General Meeting of Shareholders will be held at 10:00
am (WST) on 19 March 2010 at The University Club of WA, Seminar Room 1,
Hackett Drive (Entrance Carpark 3) Crawley, Western Australia.

The Explanatory Statement to this Notice of Meeting provides additional
information on matters to be considered at the General Meeting. The
Explanatory Statement and the Proxy Form are part of this Notice of Meeting.

The Directors have determined pursuant to Regulation 7.11.37 of the
Corporations Regulations 2001 (Cth) that the persons eligible to vote at the
General Meeting are those who are registered Shareholders of the Company no
later than the close of business on 17 March 2010.

Terms and abbreviations used in this Notice of Meeting and Explanatory
Statement are defined in the Glossary.

AGENDA

1. Resolution 1 - Ratification of Prior Issue of Securities

To consider and, if thought fit, to pass, with or without amendment, the
following resolutions as an ordinary resolution:

"That, for the purposes of ASX Listing Rule 7.4, and for all other purposes,
Shareholders ratify the allotment and issue of 17,000,000 Shares and
17,000,000 Listed Options (ASX: RRSO - exercisable at $0.05 each, on or before
31 December 2011) on the terms and conditions set out in the Explanatory
Statement accompanying this Notice of Meeting."

Voting Exclusion: The Company will disregard any votes cast on this Resolution
by any person who participated in the issue and any of their associates and
any person who might obtain a benefit, except a benefit solely in the capacity
of a holder of ordinary securities, if the resolution is passed. The Company
need not disregard a vote if it is cast by a person as a proxy for a person
who is entitled to vote in accordance with the directions on the Proxy Form or
it is cast by the person chairing the Meeting as proxy for a person who is
entitled to vote, in accordance with a direction on the Proxy Form to vote as
the proxy decides.

2. Resolution 2 - Ratification of Prior Issue of Securities

To consider and, if thought fit, to pass, with or without amendment, the
following resolution as an ordinary resolution:

"That, for the purpose of ASX Listing Rule 7.4 and for all other purposes,
Shareholders ratify the allotment and issue of 40,000,000 Shares on the terms
and conditions set out in the Explanatory Statement."

Voting Exclusion: The Company will disregard any votes cast on this Resolution
by any person who participated in the issue and any of their associates and
any person who might obtain a benefit, except a benefit solely in the capacity
of a holder of ordinary securities, if the resolution is passed. The Company
need not disregard a vote if it is cast by a person as a proxy for a person
who is entitled to vote in accordance with the directions on the Proxy Form or
it is cast by the person chairing the Meeting as proxy for a person who is
entitled to vote, in accordance with a direction on the Proxy Form to vote as
the proxy decides.

3. Resolution 3 - Approval of Issue of Securities

To consider and, if thought fit, to pass, with or without amendment, the
following resolution as an ordinary resolution:

"That, for the purposes of ASX Listing Rule 7.1, and for all other purposes,
approval is given for the Company to issue and allot 28,212,044 Unlisted
Options on the terms and conditions set out in the Explanatory Statement
accompanying this Notice of Meeting."

Voting Exclusion: The Company will disregard any votes cast on this Resolution
by any person who may participate in the issue and any of their associates and
any person who might obtain a benefit, except a benefit solely in the capacity
of a holder of ordinary securities, if the resolution is passed. The Company
need not disregard a vote if it is cast by a person as a proxy for a person
who is entitled to vote in accordance with the directions on the Proxy Form or
it is cast by the person chairing the Meeting as proxy for a person who is
entitled to vote, in accordance with a direction on the Proxy Form to vote as
the proxy decides.

4. Resolution 4 - Approval of Issue of Securities

To consider and, if thought fit, to pass, with or without amendment, the
following resolution as an ordinary resolution:

"That, for the purposes of ASX Listing Rule 7.1, and for all other purposes,
approval is given for the Company to issue and allot 40,000,000 Shares on the
terms and conditions set out in the Explanatory Statement accompanying this
Notice of Meeting."

Voting Exclusion: The Company will disregard any votes cast on this Resolution
by any person who may participate in the issue and any of their associates and
any person who might obtain a benefit, except a benefit solely in the capacity
of a holder of ordinary securities, if the resolution is passed. The Company
need not disregard a vote if it is cast by a person as a proxy for a person
who is entitled to vote in accordance with the directions on the Proxy Form or
it is cast by the person chairing the Meeting as proxy for a person who is
entitled to vote, in accordance with a direction on the Proxy Form to vote as
the proxy decides.

5. Resolution 5 - Approval of Issue of Securities

To consider and, if thought fit, to pass, with or without amendment, the
following resolution as an ordinary resolution:

"That, for the purpose of ASX Listing Rule 7.1 and for all other purposes,
approval is given for the Directors to allot and issue Shares raising a total
of up to $10,000,000 on the terms and conditions set out in the Explanatory
Statement."

Voting Exclusion: The Company will disregard any votes cast on this Resolution
by any person who may participate in the issue and any of their associates and
any person who might obtain a benefit, except a benefit solely in the capacity
of a holder of ordinary securities, if the resolution is passed. The Company
need not disregard a vote if it is cast by a person as a proxy for a person
who is entitled to vote in accordance with the directions on the Proxy Form or
it is cast by the person chairing the Meeting as proxy for a person who is
entitled to vote, in accordance with a direction on the Proxy Form to vote as
the proxy decides.

6. Resolution 6 - Issue of Director Options - PETER LANDAU

To consider and, if thought fit, to pass the following resolution as an
ordinary resolution:

"That, for the purposes of Section 208 of the Corporations Act, ASX Listing
Rule 10.11 and for all other purposes, approval is given for the Directors to
allot and issue 15,000,000 Director Options to Peter Landau (or his nominee)
on the terms and conditions set out in the Explanatory Statement."

Voting Exclusion: The Company will disregard any votes cast on this Resolution
by Peter Landau and any of his associates. However, the Company need not
disregard a vote if it is cast by a person as a proxy for a person who is
entitled to vote in accordance with the directions on the Proxy Form or it is
cast by the person chairing the meeting as proxy for a person who is entitled
to vote, in accordance with a direction on the Proxy Form to vote as the proxy
decides.

7. Resolution 7 - Issue of Director Options - SAMUEL JONAH

To consider and, if thought fit, to pass the following resolution as an
ordinary resolution:

"That, for the purposes of Section 208 of the Corporations Act, ASX Listing
Rule 10.11 and for all other purposes, approval is given for the Directors to
allot and issue 15,000,000 Director Options to Samuel Jonah (or his nominee)
on the terms and conditions set out in the Explanatory Statement."

Voting Exclusion: The Company will disregard any votes cast on this Resolution
by Samuel Jonah and any of his associates. However, the Company need not
disregard a vote if it is cast by a person as a proxy for a person who is
entitled to vote in accordance with the directions on the Proxy Form or it is
cast by the person chairing the meeting as proxy for a person who is entitled
to vote, in accordance with a direction on the Proxy Form to vote as the proxy
decides.

8. Resolution 8 - Issue of Director Options - Marcus Edwards-Jones

To consider and, if thought fit, to pass the following resolution as an
ordinary resolution:

"That, for the purposes of Section 208 of the Corporations Act, ASX Listing
Rule 10.11 and for all other purposes, approval is given for the Directors to
allot and issue 15,000,000 Director Options to Marcus Edwards-Jones (or his
nominee) on the terms and conditions set out in the Explanatory Statement."

Voting Exclusion: The Company will disregard any votes cast on this Resolution
by Marcus Edwards-Jones and any of his associates. However, the Company need
not disregard a vote if it is cast by a person as a proxy for a person who is
entitled to vote in accordance with the directions on the Proxy Form or it is
cast by the person chairing the meeting as proxy for a person who is entitled
to vote, in accordance with a direction on the Proxy Form to vote as the proxy
decides.

9. Resolution 9 - Issue of Director Options - Anthony Eastman

To consider and, if thought fit, to pass the following resolution as an
ordinary resolution:

"That, for the purposes of Section 208 of the Corporations Act, ASX Listing
Rule 10.11 and for all other purposes, approval is given for the Directors to
allot and issue 15,000,000 Director Options to Anthony Eastman (or his
nominee) on the terms and conditions set out in the Explanatory Statement."

Voting Exclusion: The Company will disregard any votes cast on this Resolution
by Anthony Eastman and any of his associates. However, the Company need not
disregard a vote if it is cast by a person as a proxy for a person who is
entitled to vote in accordance with the directions on the Proxy Form or it is
cast by the person chairing the meeting as proxy for a person who is entitled
to vote, in accordance with a direction on the Proxy Form to vote as the proxy
decides.

DATED: 16 February 2009

BY ORDER OF THE BOARD

Jane Flegg
COMPANY SECRETARY