Rainy River Resources Ltd.

Rainy River Resources Ltd.

June 12, 2008 12:35 ET

Rainy River Resources Investor Relations Services

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 12, 2008) - Nelson W. Baker, President and CEO of Rainy River Resources Ltd. (TSX VENTURE:RR) is pleased to announce that it has entered into an agreement with Steward Management Inc. for the provision of investor relations and public relations services to the Company, including communications with shareholders and the investment community and assisting in developing and producing corporate communication materials. Steward Management is a Vancouver-based corporation owned by its President, Mr. John Halme. The agreement is for a term of one year. Rainy River Resources will pay Steward Management $10,000 per month plus reasonable out of pocket expenses. Steward Management and Mr. Halme are at arm's length with the Company and do not currently own any shares of Rainy River Resources Ltd.

Nelson W. Baker, President

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, including market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.

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