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 been notified by PM Invest Company Limited ("PM"), the holding company for
Russian media group Prof-Media, that its acquisition of approximately 6.0% of
the Company's issued and outstanding ordinary share capital from Endicott
Holdings Limited ("Endicott"), has been completed.

The transaction was announced on 31 October 2006 and received all regulatory
approvals from the Russian Federal Antimonopoly Service in December 2006.

Further to the transaction, PM holds 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 the transaction has not been disclosed to the
Company by the vendor or purchaser.

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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