FORT WORTH, TEXAS, DECEMBER 1, 2008 – RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock. A dividend of $0.04 per common share is payable on December 31, 2008 to stockholders of record at the close of business on December 15, 2008.

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