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Statement re Shareholder Notification

9 Jan 2008 13:48

SHAREHOLDER NOTIFICATION Rambler Media Ltd. ("Rambler" or "the Group"), the media group operating one ofRussia's most popular internet portals and providing general interest news andservices to the Russian-speaking online community, announces that T. Rowe PriceAssociates, Inc. informed the Group on 8 January 2008, that the T. Rowe PriceEmerging Europe & Mediterranean Fund, decreased its total holding in Rambler, on3 January 2008, from 778,397 ordinary shares, equaling 5.12% of the issuedshares and capital, to 724,897 ordinary shares, equaling 4.71% of the issuedshares and votes that presently stand at 15,397,649. For further information, please visit www.ramblermedia.com or contact: \* TRambler Media Shared Value LimitedMark Opzoomer Nicolas DuperrierTel. +7 495 500 3826 Tel. +44 (0) 20 7321 5010 rambler@sharedvalue.net ING Wholesale BankingDaniel Friedman / William MarleTel. +44 (0) 20 7767 1000\* T ABOUT RAMBLER MEDIA Rambler Media is a diversified Russian language media and services group whichoperates or has interests in leading internet properties including the oldestRussian internet portal and search engine 'Rambler.ru', on-line newspaper'Lenta.ru', price comparison website 'Price.ru', internet tracking system'Rambler Top 100', instant messaging service 'Rambler-ICQ', high-tech portal'Ferra.ru', interactive advertising Group 'Index20' and contextual advertisingcompany 'Begun'. Rambler Media's shares are traded on AIM, the junior market ofthe London Stock Exchange under the symbol 'RMG'. For more information onRambler Media, visit our corporate website at www.ramblermedia.com. Copyright Business Wire 2008
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