RMG.L Regulatory News (RMG)

31 Oct 2006 15:26

Schedule 11 Notification of Interest of Directors and Connected Persons 1. Name of Company Rambler Media Limited 2. Name of Director James Mullins 3. Please state whether notification indicates that it is in respect of holdingof the shareholder named in 2 above or in respect of a non beneficial interestor in the case of an individual holder if it is a holding of that person'sspouse or children under the age of 18 or in respect of a non beneficialinterest. Holding of shareholder above and family of that shareholder 4. Name of registered holder(s) and, if more than one holder, the number ofshares held by each of them (if notified) First Mercantile Net Ventures Fund, Sopica Special Opportunities Fund 5. Please state whether notification relates to a person(s) connected with thedirector named in 2 above and identify the connected person(s) Irina Mullins Daniel Mullins Sean Mullins 6. Please state the nature of the transaction. For PEP transaction pleaseindicate whether general / single co PEP and if discretionary non-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 348,637 10. Percentage of issued class 2.31% 11. Class of security Ordinary shares of USD 0.01 12. Price per share Not Disclosed 13. Date of Transaction 31 October 2006 14. Date company informed 31 October 2006 15. Total Holding following this notification 0 16. Total percentage holding of issued class following this notification If a director has been granted options by the company please complete thefollowing 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 price is to befixed at time of exercise 22. Total number of shares or debentures over options held following thisnotification 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 Irina Gofman, Chief Executive Officer Date 31 October 2006 Copyright Business Wire 2006