Director Shareholding

Rangers International Football Club plc

("Rangers" or the "Company")

Director Shareholding

Following the appointment of James Andrew Easdale as a Non-executive Director of the Company, the Company confirms that, pursuant to AIM Rule 17, Mr Easdale currently holds 357,143 ordinary shares in the Company, representing approximately 0.55% of the Company's issued share capital.

For further information, please contact:

Rangers International Football Club plc

Strand Hanson Limited (Nominated Adviser)

Newgate Threadneedle

About Rangers Football Club

Rangers Football Club, formed in Scotland in 1872, is one of the world's most successful clubs, having won 54 League titles, 33 Scottish Cups, 27 League Cups and the European Cup Winners' Cup in 1972. The Club's loyal and sizeable supporter base, both in Scotland and around the world, enables the Club to boast one of the highest percentages of season ticket holders in the UK, with over 38,000 having been sold for the current season. Playing at the 51,082 seats Ibrox Stadium and benefitting from the world class 37 acre Murray Park training facility, the Club has been a dominant force in Scottish football for decades. This world class stadium, training infrastructure and a loyal and passionate global fanbase provide an excellent foundation for the Rangers Group.

Currently the Club are Champions of Division 3 of the SFL and will be competing in Division 2 for the 2013/14 season, although it is the intention of the Directors and the manager for the Club to return to top level football as soon as possible. The history, facilities and ambition of the Club are such that the Club remains a desirable destination for foreign and domestic players alike. The first team squad is managed by Ally McCoist, the former Rangers forward, who remains the Club's all-time leading goal scorer.

For more information please visit the website: www.rangers.co.uk