Rambler Media Limited

FOR IMMEDIATE RELEASE June 5, 2006

RAMBLER MEDIA'S 2005 ANNUAL REPORT NOW AVAILABLE IN ELECTRONIC FORMAT

Moscow, Russia - June 5, 2006 - Rambler Media (the "Company"), a leading
integrated media company providing services to the global Russian-speaking
community, is pleased to announce that its Annual Report 2005 is now available
in PDF format on the Company's website at www.ramblermedia.com.

A hard copy of the report will be sent to all shareholders. To request a copy,
please reply to this email with your name and postal address. The Annual Report
is available in English language only.

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For further information, please visit www.ramblermedia.com or contact:

Rambler Media Shared Value Limited

Irina Gofman Nicolas Duperrier

Tel. +7 495 500 3826 Tel. +44 (0) 20 7321 5010

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 newspaper 'Lenta.ru', broadband ISP
'Rambler Telecom', interactive advertising company 'Index20', mobile content
service provider 'SMXCOM', and documentary 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.
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