Rambler Media Limited

RAMBLER MEDIA APPOINTS ALEXANDER KOVALEV

                          AS PUBLIC RELATIONS DIRECTOR

Rambler Media Ltd. ("Rambler" or "the Group"), the media group operating one of
Russia's most popular internet sites and providing general interest news and
services to the Russian-speaking online community, is pleased to announce the
appointment of Mr. Alexander Kovalev as the Group's new Public Relations
Director with immediate effect.

Alexander Kovalev will head Rambler's PR department, which was created following
an internal organizational review. He will report directly to Zhanna Beletskaya,
Rambler's Chief Marketing Officer. His appointment reflects Rambler's plans to
intensify its corporate communications and marketing activities moving forward.
Alexander's role will be to enhance Rambler's reputation in the Russian internet
and advertising market by interacting with the media, customers, partners, the
financial community and the broad community of users of Rambler's services. His
responsibilities will include the development of strategic PR initiatives and
objectives, supporting the launch of new products and services, the coordination
of brand-building activities and events across the Group, as well as the
development of Rambler's wider marketing activities.

Before joining Rambler Media, Alexander Kovalev had been PR Director at Video
International Trend Group since July 2005. Prior to this, he worked as Marketing
and PR Director at the Political News Agency 'APN' and as Director of PR and
Advertising at the "Russian Journal", a daily news website. In addition, he was
involved in the development of the PR and marketing plan for the new branch of
Actis Systems business, as well as for the Institute of Communication Management
at the Higher School of Economics. Alexander is a graduate and post-graduate of
the History department of Moscow State University and a graduate of the London
PR School, at which he lectured on "Business Communications Support -
Advertising & PR on the Internet".

Mark Opzoomer, CEO of Rambler Media, commented: "We are delighted to welcome
Alexander to Rambler Media. His experience and reputation in the Russian PR
industry will strengthen our team and further enhance our corporate
communications effort. This appointment is part of our broader marketing
initiatives to support a positive perception of Rambler in the 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 original
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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