RMG Royal Mail Plc

        
     NIKITA SERGUIENKO APPOINTED 
     AS CHIEF FINANCIAL OFFICER 
    Further to its announcement dated 22 September 2008, Rambler Media Ltd. ("Rambler"), operating one of Russia's most
popular internet brands, is pleased to confirm the appointment of Mr. Nikita Serguienko as the Group's new Chief
Financial Officer ("CFO") with immediate effect. Mr. Serguienko succeeds Mr. Arthur Akopyan, Rambler's former CFO and an
Executive Director on the Board. Nikita Serguienko has had a one month transition with Arthur Akopyan. Handover has now
been fully and dully completed. Nikita Serguienko is also appointed to the Board with immediate effect.
    Nikita Serguienko, aged 38, joins Rambler Media from Tele2 Russia, part of the European telecommunications holding
Tele2 and one of Russia's largest mobile operators. Nikita first joined Tele2 Russia in 2001 as Regional Finance
Director. In 2004, he became Finance Director of the Ural-Volga region before being appointed CFO of Tele2 Russia the
following year. Since 2005 Nikita has been a member of the Management Board for Tele2 Russia. In 2007, Nikita was
appointed Executive Vice President of Tele2 Russia. Most recently, Mr. Serguienko was responsible for all aspects of
business development, including reorganisation, mergers and acquisitions and new business line start ups. Prior to his
career at Tele2 Russia, Nikita Serguienko was Chief Accountant for the Global Gas Group, Taxes and Legal Adviser for the
SEB Group (Tefal, Rowenta) and Finance Director and member of the Board at KLP Soft Drinks (Irn Bru) between 1997 and
2001. Before that, he was Deputy Controller for the ELF Aquitaine Group and Accounting Officer in
Industrial-Construction Bank of USSR and Mosbusinessbank.
    Mr. Serguienko holds a Bachelor degree in International Economics from Moscow State University, a diploma in audit,
accounting and financial analysis from the Russian Academy of Economics and an Executive MBA from Duke University, Fuqua
School of Business. He also holds CPA, CMA/CFA certificates and is a Certified Professional Accountant and Certified
Auditor.
     Mark Opzoomer, Rambler Media's  Chief Executive Officer commented:"We are delighted to welcome Nikita Serguienko to
Rambler Media. His professional qualifications, understanding of the regional Russian markets, M&A experience and his
operating financial skills will continue to enhance the development of Rambler's financial management and reporting
processes. On behalf of the Board, I wish to thank Arthur for his significant contribution to the recent improvement in
Rambler's finances and in restructuring our operations. We wish him every success in his new career."
    Mr. Nikita Serguienko has, or has during the last five years been, director or partner of the following companies or
partnerships:
     Nikita Serguienko 
 CURRENT                                  PAST
          ZAO Sotovaya Svyaz Udmurtii (TELE2 Izhevsk)OAO TELE2 Sankt-Peterburg
          OAO TELE2 Lenoblast
    Save as set out in this Announcement, there are no further disclosures to be made in accordance with paragraph (g)
of Schedule Two to the AIM Rules.
    ***
 For further information, please visitwww.ramblermedia.comor contact:
  
 Rambler Media                                                          Shared Value Limited
 Alexander Kovalev                                                      Nicolas Duperrier
 Tel. +7 495 500 3619                                                   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 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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