RMG Royal Mail Plc

    Rambler Media Limited

      Rambler.ru Internet Portal Announces Launch of Hypermarket

Rambler Internet Holding, a subsidiary of Rambler Media, announced the launch of
a new project - an internet hypermarket (http://shop.rambler.ru) which is
integrated into the Rambler.ru internet portal. The project was launched in
cooperation with eHouse Holding, a leader in the Russian internet shopping
market.

Rambler hypermarket currently enables access to 25 shops, all of which may be
visited at once. Internet shoppers, using this new Rambler service, can search
through the whole hypermarket or within a selected category of goods. Deliveries
are possible in more than 150 towns in Russia.

Irina Gofman, CEO of Rambler Media, commented: "The market for electronic
shopping is developing at a very fast pace and offers significant potential
growth possibilities in Russia. According to the Ministry of Economic
Development and Trade of Russia, the value of this market currently amounts to
over US$ 1 billion and is growing at 40% per year. The new project significantly
broadens the opportunity to shop via the internet, providing unified access to
high quality internet shopping resources in Russia. The launch of Rambler's
internet-hypermarket is in line with our strategy as an integrated source of
information, entertainment and services".

Visitors to the portal can choose from more than quarter of a million of items,
including books, music and films, computer technology and peripherals, photo
equipment, mobile phones and accessories, office and consumer electronics,
children's goods, perfumery and jewellery. Rambler internet shopping will be
further developed according to the levels of demand, with expansion of the range
of available goods and inclusion of new internet shops.


For further information, please contact:
Rambler Media Limited                                      Shared Value Limited
Irina Gofman, CEO                                          Anastasia Gorokhova
Tel: +7 095 5003826                                        Tel. +44 (0) 20 7321 5019
gofman@ramblermedia.com                                    rambler@sharedvalue.net


ABOUT RAMBLER MEDIA

Rambler Media is an integrated and diversified Russian language media,
entertainment, services and content delivery company with three main segments:
internet services; mobile value added services; and television broadcasting.
Rambler Media operates businesses including the Russian language internet portal
and search engine 'rambler.ru'; on-line news site 'Lenta.ru'; broadband ISP
'Rambler Telecom'; interactive advertising company 'Index20'; mobile content
service provider 'SMXCOM'; and entertainment TV network 'RamblerTV'. Rambler
Media's shares are traded on the AIM market of the London Stock Exchange under
the symbol 'RMG'. For more information on Rambler Media, visit our corporate
website at www.ramblermedia.com.

Certain statements within this announcement constitute forward looking
statements. Such forward looking statements involve risks and other factors
which may cause the actual results, achievements or performance of the Company
to be materially different from any future results, achievements or performance
expressed or implied by such forward looking statements. Such risks and other
factors include, but are not limited to, general economic and business
conditions, changes in government regulations, and court interpretations of such
regulations, currency fluctuations (including the US$/Rbs rate), competition,
changes in development plans. There can be no assurance that the results and
events contemplated by the forward looking statements contained in this
announcement will, in fact, occur. Any forward looking statements made in this
announcement represent management's best judgment as to what may occur in the
future and are correct only as at the date of this announcement. The Company
will not undertake any obligation to release publicly any revisions to these
forward looking statements to reflect events, circumstance or unanticipated
events occurring after the date of this announcement except as required by
applicable law or by any applicable regulatory authority.

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