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Friday 13 November, 2009

Rambler Media

Holding(s) in Company

Holding(s) in Company

Rambler Media Limited

SHAREHOLDER NOTIFICATION

Rambler Media Limited (RMG.LN) (“Rambler” or the “Company”), the operator of one of Russia’s most popular internet brands, has today been notified by ING Bank N.V. (“ING”) that further to the acquisition of shares yesterday, it is interested in 2,006,522 ordinary shares of US$0.01 each in Rambler, representing approximately 13.03 per cent. of the Company’s issued ordinary share capital. ING’s interest is both legal and beneficial.

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For further information, please visit www.ramblermedia.com or contact:

Rambler Media
Konstantin VorontsovKonstantin Vorontsov
Marina AnisimovaMarina Anisimova
Tel. +7 495 745 3619Tel. +7 495 745 3619
info@ramblermedia.com

Strand Hanson Limited
Matthew ChandlerMatthew Chandler
Liam BuswellLiam Buswell
Tel. +44 (0) 20 7409 3494Tel. +44 (0) 20 7409 3494
mail@strandhanson.co.uk

Shared Value Limited
Nicolas DuperrierNicolas Duperrier
Mark WalterMark Walter
Tel. +44 (0) 20 7321 5010Tel. +44 (0) 20 7321 5010
rambler@sharedvalue.net

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ABOUT RAMBLER MEDIA

Rambler Media is an internet media and services group which operates or has interests in leading Russian language internet brands including the Russian open portal 'Rambler.ru', on-line newspaper 'Lenta.ru', product comparison website 'Price.ru', internet catalogue and navigation system 'Top 100' and contextual advertising company 'Begun'.

Rambler Media’s shares are traded on AIM, the junior market of the London Stock Exchange under the symbol 'RMG'.

For more information on Rambler Media, visit our corporate website at www.ramblermedia.com.


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