Rambler Media Limited



                     RAMBLER MEDIA APPOINTS ANNA ZNAMENSKAYA
                             AS COMMERCIAL DIRECTOR

       New role intended to optimize revenue generation, including revenue
                         streams from Begun and Index 20

Rambler Media Ltd. ("Rambler" or "the Group"), a leading provider of internet
and media services to the global Russian-speaking community, is pleased to
announce the appointment of Anna Znamenskaya as Commercial Director of Rambler
with immediate effect.

As the Group's Commercial Director, a newly created role, Anna will work very
closely with senior management to consolidate, oversee and optimize all revenue
generation for Rambler, including streams from Begun and Index 20. Anna will
also be responsible for building an in-house team dedicated to innovation and
strategic product partnerships and will report directly to Mark Opzoomer, CEO.

Before joining Rambler Media, Anna was Chief Executive of B2B Media ("B2B"), a
business unit of Prof Media, a leading Russian media holding group and Rambler's
majority shareholder. B2B is the multimedia publishing company behind well-known
business magazines such as "CFO Russia", "Advertising Industry", "Finance
Director" and "Commercial Director". Under Anna's supervision, between 2004 and
2007, B2B launched new magazines, increasing the number of editions from one to
eight, and generated four times more revenue. In addition, Anna led the
development of B2B's online business by creating internet editions of existing
magazines such as E-xecutive.ru, Admarket.ru, fd.ru, hrm.ru and launching new
website E-perspektiva.ru. Prior to her role at B2B, Anna worked as Advertising
Manager, Advertising Director and Chief Executive at the Ekaterinburg branch of
publishing house "Kommersant". She also worked as Advertising Sales Manager of
Cosmopolitan-Urals from 1999 to 2000. Anna is a graduate of Ural State Technical
University and has degrees in Business Management and Global Economics.

Mark Opzoomer, CEO of Rambler Media, commented: "We are delighted to welcome
Anna to Rambler Media. Her successful experience in the advertising and media
industry, most recently within our parent group Prof-Media, will strengthen our
team and enhance Rambler's position to drive user growth, optimize revenues and
capture an even greater share of the Russian online advertising market."

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

Rambler Media                                         Shared Value Limited
Mark Opzoomer                                        Nicolas Duperrier
Tel. +7 495 500 3826                                 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 a diversified Russian language media and services group which
operates or has interests in leading internet properties including the oldest
Russian internet portal and search engine 'Rambler.ru', on-line newspaper
'Lenta.ru', price comparison website 'Price.ru', internet tracking system
'Rambler Top 100', instant messaging service 'Rambler-ICQ', high-tech portal
'Ferra.ru', interactive advertising Group 'Index20' and contextual advertising
company 'Begun'. Rambler Media's shares are traded on AIM, the junior 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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