15 Jan 2007 11:06
SHAREHOLDER NOTIFICATION Rambler Media Limited ("Rambler Media" or "the Company"), the leading providerof internet and multimedia services to the global Russian-speaking community,has been notified by PM Invest Company Limited ("PM"), the holding company forRussian media group Prof-Media, that its acquisition of approximately 6.0% ofthe Company's issued and outstanding ordinary share capital from EndicottHoldings Limited ("Endicott"), has been completed. The transaction was announced on 31 October 2006 and received all regulatoryapprovals from the Russian Federal Antimonopoly Service in December 2006. Further to the transaction, PM holds 8,398,482 Rambler Media ordinary shares,which is equivalent to approximately 55% of the Company's issued and outstandingordinary share capital. The price paid for the shares in the transaction has not been disclosed to theCompany by the vendor or purchaser. 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 2007