Rambler Media Limited



                     RAMBLER NAMED OFFICIAL TITLE SPONSOR OF
                            THE RUSSIAN FOOTBALL CUP

Rambler Media Ltd. ("Rambler"), operator of one of Russia's most popular
internet brands, today announces that is has signed a four-year strategic
partnership with the Russian Football Union (RFU) to become the official title
sponsor of the Russian Football Cup.

The competition, which will now be known as the Rambler Russian Football Cup, is
one of Russia's most popular sporting events. More than 100 teams from all over
Russia take part in the annual knock-out competition. The winning team has the
chance to play against the winner of the Russian Premier League for the Russian
Super Cup, and to represent Russia in the UEFA Cup.

Rambler's sponsorship, which reflects the brand's heritage and commitment to
sports, will start with the semi-final matches of last year's tournament, taking
place on 16 April 2008. The final match of last year's season will be held in
Moscow on 17 May 2008 and is expected to receive extensive media coverage in the
context of Russia's UEFA Euro 2008 qualification. First round matches of the new
tournament started today, 15 April 2008 and the final will take place in May
next year.

As part of its sponsorship, Rambler will launch a dedicated website, which is
expected to attract millions of visitors across Russia. The site will provide
exclusive real time coverage of all the matches and will be a unique and
innovative place for fans, players and football experts to watch, celebrate and
discuss Russian football.

The Rambler Football page will enable fans to find all tournament timetables,
constant updates on scores, access to exclusive photo, audio and video content
and interviews with players and coaches. Fans will also be able to watch the
Russian Football Cup matches online, a new way of experiencing football.

Mark Opzoomer, Chief Executive Officer of Rambler Media commented: "We are
delighted and very proud to announce our partnership with the Russian Football
Union for the sponsorship of the Russian Football Cup. Rambler's sponsorship
will further contribute to the promotion and development of the competition at
all levels and fits in well with our strategy to become Russia's favourite
homepage. By its size, the number of teams taking part, the number of matches
played and its geographic reach, it is an event that inspires real passion and
captures the imagination of all football supporters across Russia. By creating a
dedicated Rambler football website, we aim to bring millions of fans together to
watch football and share their emotions on the internet, as a natural extension
to stadium and TV."

Russian Football Chief Vitaly Mutko commented: "We are delighted to name Rambler
as the official title sponsor of the Russian Football Cup and are convinced that
this will benefit fans, players and the development of football itself in
Russia. Thanks to Rambler, fans will be able to read coverage of the tournament
and communicate with other fans in a totally new way and we hope that this
broader coverage will attract a great audience. Rambler's dedicated site will
also enable fans to watch games online, an exclusive service that we hope will
become more common in Russia in the future".

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 / Francis Moore
Tel. +44 (0) 20 7767 1000

ABOUT RAMBLER MEDIA

Rambler Media is an internet media and services group which operates or has
interests in leading Russian language internet brands including the original
Russian internet homepage and search engine 'Rambler.ru', on-line newspaper
'Lenta.ru', product comparison website 'Price.ru', internet catalogue and
navigation system 'Top 100', instant messaging service 'Rambler-ICQ', digital
advertising agency '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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