RMG.L Regulatory News (RMG)

28 Dec 2006 16:27

SHAREHOLDER NOTIFICATION Rambler Media Limited ("Rambler Media" or "the Company"), the leading providerof internet and multimedia services to the global Russian-speaking community,has today been notified by PM Invest Company Limited ("PM"), the holding companyfor Russian media group Prof-Media, that its acquisition of 6.0% of theCompany's issued and outstanding ordinary share capital from Endicott HoldingsLimited ("Endicott"), as announced on 31 October 2006, has received all thenecessary approvals from the Russian Federal Antimonopoly Service. The sharetransfer will be completed early January. Rambler Media has also been notifiedthat PM has acquired a further 92,800 shares of the Company's issued andoutstanding ordinary share capital. Further to these transactions, PM will hold 8,398,482 Rambler Media ordinaryshares, which is equivalent to approximately 55% of the Company's issued andoutstanding ordinary share capital. The price paid for the shares in these transactions have not been disclosed tothe Company by the vendors or purchasers. For further information, please visit www.ramblermedia.com or contact: \* TRambler Media Shared Value LimitedIrina Gofman Nicolas DuperrierTel. +7 495 500 3826 Tel. +44 (0) 20 7321 5010 rambler@sharedvalue.netING Wholesale BankingDaniel FriedmanTel. +44 (0) 20 7767 1000\* T ABOUT RAMBLER MEDIA Rambler Media is an integrated and diversified Russian language media,entertainment, services and content delivery company which operates variousinternet properties including the leading Russian language internet portal andsearch engine 'rambler.ru', on-line newspaper 'Lenta.ru', broadband ISP 'RamblerTelecom', interactive advertising company 'Index20', and mobile content serviceprovider 'Rambler Mobile'. Rambler Media's shares are traded on the AIM marketof the London Stock Exchange under the symbol 'RMG'. For more information onRambler Media, visit our corporate website at www.ramblermedia.com. Copyright Business Wire 2006