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"), the holding company
for Russian media group Prof-Media, that its acquisition of 6.0% of the
Company's issued and outstanding ordinary share capital from Endicott Holdings
Limited ("Endicott"), as announced on 31 October 2006, has received all the
necessary approvals from the Russian Federal Antimonopoly Service. The share
transfer will be completed early January. Rambler Media has also been notified
that PM has acquired a further 92,800 shares of the Company's issued and
outstanding ordinary share capital.

Further to these transactions, PM will hold 8,398,482 Rambler Media ordinary
shares, which is equivalent to approximately 55% of the Company's issued and
outstanding ordinary share capital.

The price 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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