Issue of Equity

21 Jul 2009 15:53

FOR IMMEDIATE RELEASE 21 July 2009

RAM INVESTMENT GROUP PLC 

("RAM" or the "Company")

ISSUE OF EQUITY

The Board of RAM Investment Group Plc ("RAM") announces that, today, it has placed 285,714 new ordinary shares of 1p each at a price of 7p per share to raise £20,000 in cash before expenses. The proceeds of placing will be used for general working capital purposes. 

In addition, the Company has issued 19,643 new ordinary shares of 1p each at a price of 7p in as part of a redundancy payment to a former RAM employee. 

Application will be made for 305,357 new Ordinary Shares in RAM, which, when issued will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on AIM. The new Ordinary Shares are expected to begin trading on AIM on 27 July 2009.

For further information please call:

Tim Baldwin  RAM investment Group Plc 0207 518 4337

Roland Cornish Beaumont Cornish Limited 0207 628 3396

Monisha Varadan Rivington Street Corporate Finance Limited 0207 562 3389