Range Declares Quarterly Dividend

RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock. A dividend of $0.03 per common share is payable on June 29, 2007 to stockholders of record at the close of business on June 15, 2007.

RANGE RESOURCES CORPORATION (NYSE: RRC) is an independent oil and gas company operating in the Southwestern, Appalachian and Gulf Coast regions of the United States.

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