Rambler Media Limited



FOR IMMEDIATE RELEASE March 15, 2007

             RESULT OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

Rambler Media Limited ("Rambler" or "the Company"), the leading provider of
internet and multimedia services to the global Russian-speaking community,
announced today the result of its Extraordinary General Meeting ("EGM") of
shareholders held in Jersey this morning.

All the resolutions on the agenda were unanimously passed at the EGM, including
the appointment of Messrs Vladimir Pravdivy and Ilya Oskolkov-Tsentsiper as
Directors of the Company as well as the resignation of Messrs Alexander
Rappaport and Vitaly Rudenko from the Board of Directors.

In addition and as per resolution 8 discussed at the EGM, PricewaterhouseCoopers
were appointed as auditors of the Company for the fiscal year 2006 annual audit.

Save as set out in this Announcement, there are no further disclosures to be
made in respect of the proposed Directors in accordance with paragraph (g) of
Schedule Two to the AIM Rules.

                                       ***

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

Rambler Media                                Shared Value Limited
Robert Brown                                 Nicolas Duperrier
Tel. +7 495 920 6207                         Tel. +44 (0) 20 7321 5010
                                             rambler@sharedvalue.net
ING Wholesale Banking
Daniel Friedman / William Marle
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.

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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