[Dnsmasq-discuss] dhcp-range - must ip address of server be outside that?

[dnsmasq.to.peejay at spamgourmet.com]

dnsmasq.conf has a line:

dhcp-range=192.168.0.50,192.168.0.150,255.255.255.0,12h

(hostmin,hostmax,netmask,leasetime)

If I enable that line, must the dnsmasq server itself be outside that range?

Ie, for the dnsmasq server:
  192.168.0.55 on the LAN interface would be wrong
but
  192.168.0.45 would be ok.

regards
PJ