Rambler Media Limited (RMG.LN) has today been notified by Troika Dialog (Bermuda) Limited (“Troika”) that further to the acquisition of shares on 23 December 2009, it is interested in 466,683 ordinary shares of US$0.01 each in Rambler, representing approximately 3.03 per cent. of the Company’s issued ordinary share capital.

Rambler Media Limited 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.

ProfMedia group acting through its holding company PM Invest Company Limited (“ProfMedia”) announces the acquisition of 2,006,522 shares of Rambler Media Limited (“Rambler”) from ING Bank N.V., London Branch (“ING”). ProfMedia now holds 13,554,758 shares in Rambler, or 88.03% of the issued share capital of Rambler. The shares were acquired at a price of USD 6.00 per share, for a total value of USD 12,039,132.

Rambler Media Limited (RMG.LN) today announces that an Extraordinary General Meeting (“EGM”) will be held at First Island House, Peter Street, St Helier, Jersey JE4 8SG, on Monday 21 December 2009 at 10.00 a.m. to seek approval from Shareholders of the Company for the cancellation of admission of the Company's Ordinary Shares of US$0.01 each to trading on AIM (the “De-Listing”) following a request received from PM Invest.