RMG Royal Mail Plc

    


Rambler Media Limited

SHAREHOLDER NOTIFICATION

Rambler Media Limited ("Rambler Media" or "the Company"), the leading provider
of internet and multimedia services to the global Russian-speaking community,
has today been notified by PM Invest Company Limited ("PM"), part of Russian
media group Prof-Media, that it has acquired approximately 48.8% of the
Company's issued and outstanding ordinary share capital. In addition, the
Company has also been informed that Endicott Holdings Limited ("Endicott") has
acquired approximately 6.0% of Rambler Media's issued ordinary share capital. PM
has indicated that it has agreed to acquire this stake from Endicott, subject to
the approval of the Russian Federal Antimonopoly Service.

The Company has also been notified that funds managed by FM Asset Management
Limited have sold a total of 8,137,092 Rambler Media ordinary shares, which is
equivalent to 53.9% of the Company's issued and outstanding ordinary share
capital.

The prices paid for the shares in these transactions have not been disclosed to
the Company by the vendors or purchasers.

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

ING Wholesale Banking

Daniel Friedman

Tel. +44 (0) 20 7767 1000

ABOUT RAMBLER MEDIA

Rambler Media is an integrated and diversified Russian language media,
entertainment, services and content delivery company which operates various
internet properties including the leading Russian language internet portal and
search engine 'rambler.ru', on-line newspaper 'Lenta.ru', broadband ISP 'Rambler
Telecom', interactive advertising company 'Index20', and mobile content service
provider 'Rambler Mobile'. 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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