28 Dec 2006 16:23
Schedule 11 Notification of Interest of Directors and Connected Persons \* T1. Name of Company Rambler Media Limited 2. Name of Director Irina Gofman 3. Please state whether notification indicates that it is in respectof holding of the shareholder named in 2 above or in respect of a nonbeneficial interest or in the case of an individual holder if it is aholding of that person's spouse or children under the age of 18 or inrespect of a non beneficial interest. Holding of shareholder above and family of that shareholder 4. Name of registered holder(s) and, if more than one holder, thenumber of shares held by each of them (if notified) Etherial Limited 5. Please state whether notification relates to a person(s) connectedwith the director named in 2 above and identify the connectedperson(s) Irina Gofman 6. Please state the nature of the transaction. For PEP transactionplease indicate whether general / single co PEP and if discretionarynon-discretionary Sale of Shares 7. Number of shares / amount of stock acquired 8. Percentage of issued class 9. Number of shares / amount of stock disposed 112,800 10. Percentage of issued class 0.74% 11. Class of security Ordinary shares of USD 0.01 12. Price per share Not Disclosed 13. Date of Transaction 27 December 2006 14. Date company informed 28 December 2006 15. Total Holding following this notification 40 16. Total percentage holding of issued class following thisnotification If a director has been granted options by the company, please completethe following boxes 17. Date of grant 18. Date during which or on which exercisable 19. Total amount paid (if any) for grant of option 20. Description of shares or debentures involved: class, number 21. Exercise price if fixed at time of grant or indication that priceis to be fixed at time of exercise 22. Total number of shares or debentures over options held followingthis notification 23. Any addition information 24. Name of contact and telephone number for queries Nicolas Duperrier +44 (0) 20 7321 5010 23. Name and signature of authorized company official for making thisnotification James Mullins, Chief Financial Officer Date 28 December 2006\* T Copyright Business Wire 2006