Issue of Equity

Red Rock Resources plc
08 January 2007

                             RED ROCK RESOURCES PLC

                                Issue of Equity


Dated: 8 January 2007


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 9,950,000 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.

Starvest plc agreed to subscribe for 1,250,000 Placing Shares at 2p per Placing
Share. Following this subscription, Starvest plc holds 6,250,000 ordinary shares
in the Company, which is approximately 3.4% of the issued share capital as
enlarged by the placing.

John Watkins, a director of the Company and of Starvest plc, agreed to subscribe
for 250,000 Placing Shares at 2p per Placing Share, and following this
subscription he holds 250,000 ordinary shares in the Company.

Following the issue of the Placing Shares the Company's total issued share
capital will be 181,647,500 ordinary shares. Application has been made to the
London Stock Exchange for the Shares to be admitted to trading on AIM. Dealings
are expected to commence at 8.00 a.m. on 12 January 2007.

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