RNS Number:2896J
RAM Investment Group PLC
03 March 2005


3 March 2005

                            RAM INVESTMENT GROUP PLC
                            ("RAM" or "the Company")

                               UPDATE ON TRADING

Ram Investment Group PLC, the AIM listed property, leisure and media investment
company, today announced an update on trading and in particular outlined 
progress on the three key investments that the Company is currently pursuing.

FIFPro World X1 Player Awards
In October 2004, RAM announced a JV with FIFPro (Federation Internationale des 
Associations de Footballeurs Professionnels) to host the FIFPro World XI Player 
Awards, the world's first football awards event where the nominees are voted 
for by players from around the globe.  It was then announced that RAM, through 
its subsidiary, RAM Media Limited, had entered into an agreement with Celador 
International to produce the event.

The Board of RAM is pleased to announce that preparations for the event are 
going well and that management remain excited by the revenue prospects for the 
annual FIFPro World XI Player Awards event.  The FIFPro World XI Player Awards 
was formerly launched at an international press conference in London on 2 March 
2005 in partnership with FIFPro and Celador.  The first event will be held on 
19 September 2005 at the Wembley Conference Centre where around 1,500 guests 
and internationally renowned stars from the worlds of sport, music and film are 
expected to attend.  The show will be broadcast to a worldwide audience in 
excess of 300 million viewers.

RAM expects to start generating revenues from the event in the second quarter 
of this year, initially from table sales where profits will be split 50/50 with 
FIFPro.  Further details of the tables sales offering can be found at 
www.fifpro.org.  Further revenues will be derived from sponsorship, 
merchandising, licensing, SMS and all telephone and other exploration rights 
from Q3 2005 onwards.

Tiger Gambling
In January 2005, RAM announced it had entered into heads of terms with Tiger 
Telematics Inc (NASDAQ: TGTL) to exploit the technology and design behind 
Tiger's new mobile gaming console 'Gizmondo' specifically for applications in 
the area of gambling.  The heads of terms provided for a new company being 
formed called Tiger Gambling Ltd which will be 75 per cent owned by Tiger 
Telematics and 25 per cent owned by RAM with profits generated being shared on 
a 50/50 basis.

Following positive discussions with casino operators the Board of RAM believes 
that Tiger's technology platform offers a significant commercial opportunity 
for multi-player real-time poker and other revenue generating  applications.

Dive Dome
Dive Dome (www.divedome.com) is a unique project to design, build and operate
the first indoor diving leisure centre in the UK. RAM is in detailed 
discussions with a number of corporate partners with a view to investment, 
construction and operation of the centre. Specifically, RAM plans to enter into
commercial due diligence in conjunction with Biwater, an international, but UK 
based, water treatment and leisure company. It is expected that this due 
diligence will be completed within the next two months and after that time 
further announcements of developments are anticipated.

Edward Adams, Chairman of RAM Investment Group PLC, commented: "With excellent
progress having been made on its three major projects the Board is confident
that the Company can achieve growth in shareholder value in the coming twelve
months."

For further information contact:

Edwards Adams, RAM Investment Group
07967 008448

Nick Lebetkin/Laurence Selman, RAM Investment Group
020 8349 2001

Tim Blythe/ John Moriarty, Beattie Communications
020 7398 3300

Notes to Editors

About RAM Investment Group PLC
RAM Investment Group is an AIM listed investment company that focuses on 
investment opportunities in the property, leisure and media sectors.




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

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