RFC.L Regulatory News (RFC)

13 November 2013

Rangers International Football Club plc

(the "Company")

Rule 17 Update

Further to its announcement on 12 November 2013, the Company understands that as at 27 September 2013, its major shareholders were as follows:

* As announced on 20 September 2013, Alexander Easdale, in addition to the 2,842,957 Ordinary Shares held directly by him, has voting rights over 12,641,338 Ordinary Share (representing 19.42% of the issued share capital of the Company) pursuant to the terms of proxy agreements entered into with other shareholders, including Blue Pitch and Margarita, which remain in place until further notice. As a result, including the Ordinary Shares held directly by Mr Easdale, being 2,842,957 Ordinary Shares representing 4.37% of the issued share capital of the Company, Mr Easdale has voting rights over, in aggregate, 15,484,295 Ordinary Shares representing 23.79% of the issued share capital of the Company. As announced on 20 September 2013, while Blue Pitch and Margarita hold directly 4,000,000 Ordinary Shares and 2,600,000 Ordinary Shares respectively, they have disposed of the voting rights over such Ordinary Shares to Alexander Easdale pursuant to the terms of the proxy agreements.

This announcement replicates the information on the Company's website as updated yesterday.

For further information please contact: