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Monday 21 December, 2009

Rambler Media

Result of EGM

Result of EGM

Rambler Media Limited

RESULT OF EXTRAORDINARY GENERAL MEETING AND DELISTING FROM AIM

Rambler Media Limited (RMG.LN) (“Rambler” or the “Company”), the operator of one of Russia’s most popular internet brands, announces that the resolution proposed at the Extraordinary General Meeting (“EGM”) held earlier today, to approve the cancellation of admission of the Company's Ordinary Shares of US$0.01 each (“Ordinary Shares”) to trading on AIM (the “De-Listing”), as set out in the circular sent to shareholders on 30 November 2009, was duly approved by shareholders.

13,631,008 Ordinary Shares were voted in favour of the De-Listing, representing approximately 99.00 per cent. of votes cast for or against the resolution.

Accordingly, the De-Listing, which was conditional upon the consent of not less than 75 per cent. of the votes cast at the EGM, will take effect and cancellation of admission to trading on AIM is expected to occur at 8.00 a.m. on 31 December 2009, being five clear business days following the date that shareholder approval was obtained.

A further announcement will be made in due course.

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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
Stuart FaulknerStuart Faulkner
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'.

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


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