RMG Royal Mail Plc

    


Rambler Media Limited



             RAMBLER MEDIA ACQUIRES REMAINING 49% STAKE IN PRICE.RU

Rambler Media Ltd. ("Rambler"), operating one of Russia's most popular internet
brands, has exchanged contracts for the acquisition of the remaining 49% of
Price Express LLC ("Price Express"), a leading Russian product comparison
internet service. Rambler already holds a 51% stake in Price Express, which it
acquired in January 2006. The transaction is expected to be completed in July
2008 upon regulatory approval.

Price Express operates Price.ru, which provides price and product comparison
tools designed to help online shoppers make the most cost-effective buying
decisions. Price Express was one of the first online comparison companies to be
launched in Russia when it was set up in 1997. Price.ru is currently the second
largest price comparison site in Russia and generated revenues of approximately
US$3.2 million in 2007. Price.ru will continue to be operated as an independent
brand, but will be increasingly integrated into Rambler's services.

Mark Opzoomer, Chief Executive Officer of Rambler Media, commented: "The
decision to increase our ownership in Price Express reflects our determination
to continue to rationalize our product portfolio by either consolidating or
divesting operations where we own less than 100%. This process will enable us to
optimize our legal structure while focusing on the best services for our users
and advertisers. Online comparison shopping and product searches have become
increasingly popular in Russia and we believe that owning 100% of Price Express
will create more value for our shareholders."

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 / 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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