Change of Nomad

LONDON--(BUSINESS WIRE)--

CHANGE OF NOMINATED ADVISER AND BROKER

Rambler Media Limited (RMG.LN) (“Rambler Media” or the “Company”), the operator of one of Russia’s most popular internet brands, today announces that it has appointed Strand Hanson Limited as sole Nominated Adviser and sole Broker to the Company, both with immediate effect.

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

Rambler Media

Konstantin Vorontsov

Marina Anisimova

Tel. [phone]

[e-mail]

Strand Hanson Limited

Stuart Faulkner

Liam Buswell

Tel. [phone]

Shared Value Limited

Nicolas Duperrier

Mark Walter

Tel. [phone]

[e-mail]

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.