Issue of Equity

Red Rock Resources plc
22 November 2007


                             RED ROCK RESOURCES PLC

                                Issue of Equity


Dated: 22 November 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 21,000,000 new ordinary shares
of 0.1p each in the capital of the Company (the 'Placing Shares') at 2.5p per
Placing Share, conditional on the Placing Shares being admitted to trading on
AIM.

City Equities Limited has agreed to subscribe for 15,000,000 Placing Shares at
2.5p per Placing Share and Wills & Co Stockbrokers Limited has subscribed for
6,000,000 Placing Shares, again, at a price of 2.5p per Placing Share.

Following the subscription, City Equities Limited will hold 15,000,000 ordinary
shares of 0.1p each in the Company. This holding represents approximately 5.85%
of the issued share capital of the Company as enlarged by the placing.

Following the issue of the Placing Shares the Company's total issued share
capital will be 256,480,832 ordinary shares of 0.1p each. Application has been
made to the London Stock Exchange for the Placing Shares to be admitted to
trading on AIM. Dealings are expected to commence at 8.00 a.m. on Tuesday 27
November 2007.


Enquiries:

Andrew Bell                      07766 474849   Red Rock Resources plc                    Chairman

John Simpson                    020 7512 0191   Blomfield Corporate Finance Ltd  Nominated Adviser

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


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