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Rambler Media Limited



                    Rambler Media launches 'Rambler Finance'

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 launch of Rambler Finance, a new online service dedicated to
providing key financial news, information and tools to Rambler users every day.
The site (http://finance.rambler.ru) is aimed at meeting the daily needs of a
dynamic and various active audience ranging from students to affluent
professionals of all ages who are seeking information about personal finance and
the financial markets.

The new Rambler Finance site provides users with live financial news
(http://finance.rambler.ru/news), economical statistics as well as an
interactive, real time business directory with contact details displayed by
company, location or type of services. The directory will serve as a reference
for users who are searching for financial instruments and will allow businesses
offering such products to update the directory with details of their own
services. As an example, in addition to office addresses, available information
will include credit and deposit interest rates for banks or insurance rates and
policies for insurance companies in the future. The contribution of information
to this directory will be carried out on a non-commercial basis.

Users will be given the opportunity to seek advice from experts on a
comprehensive range of subjects via analyst blogs and on-line conferences. The
site also provides tools such as financial calculators
(http://finance.rambler.ru/calculators/osago) to enable users to calculate
insurance premiums, mortgage payments or daily exchange rates.

There will also be a section devoted to economics
(http://finance.rambler.ru/gks.html) and any economic data given in this section
will be provided by the Federal Service of National Statistics RF (ROSSTAT). The
partnership agreement formed with the agency will enable Rambler Finance to
compare all of the different financial and economic indices relating to
different business sectors in different regions of the Russian Federation.

Finally, users of Rambler Finance have the opportunity to put into practice the
advice and the data they have obtained from Rambler by participating in live
investment trading games and simulations such as "Stalker"
(http://finance.rambler.ru/games/stalker) which has been created by industry
experts.

Mark Opzoomer, CEO of Rambler Media, commented: "Personal finance and the
financial markets are becoming increasingly important areas for our users as
more and more Russians with disposable income look for assistance in making
investment decisions. The launch of Rambler Finance opens up new advertising
opportunities for financial institutions and companies offering financial
services to reach the millions of users visiting Rambler. The launch of Rambler
Finance represents another step towards offering best of class daily services to
the Russian consumer market and capturing a greater share of the Russian
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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