RAM Media Limited (Ram Investment)

Date : 05/18/2007 @ 12:45PM
Source : UK Regulatory (RNS and others)
Stock : Ram Investment Group (RAM)
Quote : 8.0  0.0 (0.00%) @ 2:56AM
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RAM Media Limited (Ram Investment)

RNS Number:9044W
RAM Investment Group PLC
18 May 2007





FOR IMMEDIATE RELEASE 18 May 2007



                            RAM INVESTMENT GROUP PLC


                               RAM MEDIA LIMITED



RAM Investment Group plc today announces that its wholly owned subsidiary RAM
Media Limited has been placed into Administration.

Malcolm Cohen and Antony David Nygate (both of BDO Stoy Hayward LLP, 8 Baker
Street, London W1U 3LL) were appointed Joint Administrators on 4 May 2007.

The litigation against the Greek Ministry of Culture is ongoing and placing RAM
Media Limited into Administration will protect it from creditors relating to the
cancelled FIFPro Awards Event and enable it to focus completely on winning the
litigation.


Contact:


Ram Investment Group plc

Laurence Selman, Director

Tel: 020 8349 2001


Beaumont Cornish Limited

Roland Cornish

Tel: 020 7628 3396



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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