RMG.L Regulatory News (RMG)

29 Dec 2009 18:28

29 December 2009

SHAREHOLDER NOTIFICATION

Rambler Media Limited (RMG.LN) ("Rambler" or the "Company"), the operator of one of Russia's most popular internet brands, has today been notified by Troika Dialog (Bermuda) Limited ("Troika") that further to the acquisition of shares on 23 December 2009, it is interested in 466,683 ordinary shares of US$0.01 each in Rambler, representing approximately 3.03 per cent. of the Company's issued ordinary share capital.

Founded in 1996, Troika is an independent investment advisor and hedge fund firm. The firm caters to individual and institutional clients. The firm has offices in Moscow, Russia, London, England and New York, USA.

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For further information, please visit www.ramblermedia.com or contact:

Rambler MediaKonstantin VorontsovMarina AnisimovaTel. +7 495 745 3619info@ramblermedia.com

Strand Hanson LimitedStuart FaulknerLiam BuswellTel. +44 (0) 20 7409 3494mail@strandhanson.co.uk

Shared Value LimitedNicolas DuperrierMark WalterTel. +44 (0) 20 7321 5010rambler@sharedvalue.net

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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 open portal 'Rambler.ru', on-line newspaper 'Lenta.ru', product comparison website 'Price.ru', internet catalogue and navigation system 'Top 100' 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.

Copyright Business Wire 2009