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Friday 13 May, 2011

The Rangers FC Group Limited

Update re: posting of circular


                 The Rangers FC Group Limited (the "Company")                  

                      (formerly named Wavetower Limited)                       

                         Update re posting of circular                         

Further to the announcement made on 6 May 2011, the Company announces that,
with the agreement of the Independent Board Committee of The Rangers Football
Club P.L.C. and the Takeover Panel, it has extended the timetable within which
a circular will be posted by the Company to all of the shareholders of The
Rangers Football Club P.L.C. to a date on or before 6 June 2011.

Enquiries

Ian McKerron

Hay McKerron Associates

0141 286 2633


                                                                       

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