Issue of Equity

Red Rock Resources plc
15 February 2007



                             RED ROCK RESOURCES PLC

                                Issue of Equity


Dated: 15 February 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 25,000,000 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.

City Equities Limited and Wills & Co Stockholders Limited have each agreed to
subscribe for 12,500,000 Placing Shares at 2p per Placing Share. Following the
subscription, City Equities Limited will hold 12,500,000 ordinary shares in the
Company, which is approximately 6.05% of the issued share capital as enlarged by
the placing and Wills & Co Stockholders Limited will hold 12,500,000 ordinary
shares in the Company, which is approximately 6.05% of the issued share capital
as enlarged by the placing.

Following the issue of the Placing Shares the Company's total issued share
capital will be 206,647,500 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 20 February 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