Issue of Equity

Red Rock Resources plc
03 August 2006

                              RED ROCK RESOURCES PLC

                                  Issue of Equity



Dated: 3 August 2006


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 a further of 5,018,750 new
ordinary shares of 0.1p each in the capital of the Company (the 'Shares') at 2p
per Share, conditional on the Shares being admitted to trading on AIM.

Sunvest Corporation Limited ('Sunvest') has subscribed for a further 4,018,750
Shares at 2p per Share under the terms of a conditional agreement dated 1st June
2006 between the Company and Sunvest, a company incorporated in Australia and
listed on the Australian Stock Exchange, and announced on 28 June 2006.

On the 28 July 2006 the Company received notification that Sunvest had purchased
1,400,000 Shares in Red Rock and currently holds 9,437,500 Shares representing
5.5% of the issued share capital of the Company.

Under a letter agreement dated 1 June 2006 Regency Mines plc agreed to subscribe
for a further 1,000,000 Shares at 2p per Share following the further investment
by Sunvest detailed above. Following this subscription, Regency Mines plc holds
103,250,000 Shares in the Company, which is approximately 60.1% of the issued
share capital.

Following the issue of these Shares the Company's total issued share capital
will be 171,697,500 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 9 August 2006.

Enquiries:


Andrew Bell        07766 474849    Red Rock Resources plc      Chairman

John Simpson       020 7512 0191   ARM Corporate Finance Ltd   Nominated Adviser

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




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