RAM Ram Active

RNS Number:8786P
RAM Investment Group PLC
09 August 2005


Embargoed for release: 07:00am, 9 August 2005

                          RAM Invests in Media Company
                         And Related Party Transaction

RAM Investment Group plc (RAM) the AIM listed investment company, today
announces that it has agreed heads of terms to invest in Parallel Media Group
plc (PMG).

AIM quoted PMG is a global media, marketing and sports management company. The
company owns one of the largest asset portfolios in golf and is one of the
biggest names in global professional golf. Key territories of the business
include China, South East Asia, the Spanish speaking Americas, and Europe where
PMG owns extensive commercial and broadcast rights.

RAM will be investing #500,000 in PMG which will be in the form of a convertible
loan for a 24.8% fully diluted shareholding.

Nicholas Lebetkin, Laurence Selman and Edward Adams, the Directors of RAM, are
making a convertible loan to RAM of #375,000 (the "Loan") and accordingly the
Loan is a related party transaction under the AIM Rules. There is no Director of
RAM, therefore, who is not involved in the related party transaction, and so it
is the Company's Nominated Adviser, Beaumont Cornish Limited, who considers that
the terms of the transaction are fair and reasonable insofar as the Company's
shareholders are concerned.

The investment announced today provides a real opportunity for both companies to
take advantage of the synergies that exist between them. RAM has a strong
portfolio of sporting related investments, (including a joint venture with
FIFPro to host the world's first football awards) and PMG has extensive
experience in global sports sponsorship, marketing and media.

This year PMG announced a multi-year sponsorship deal with Swiss bank UBS for
the title sponsorship of the Hong Kong Open and launched a number of new
professional golf tournaments around the world, including Enjoy Jakarta The
Standard Chartered Indonesia Open, TCL Classic in China, the Samsung Ladies
Masters Singapore, the Thailand Ladies Open and the inaugural Kazakhstan Open.
Significantly for RAM, PMG has a number of new events currently in negotiations,
to be announced when finalised, providing a solid platform for both companies to
generate further growth.

Daivid Ciclitira, Group President & CEO of PMG, said,

"RAM's investment in PMG will open up new doors for both Companies. We are
already working on two specific projects, details of which will be announced
shortly. 2005 has been an exciting year for PMG and as our half yearly results
show today there has been a dramatic improvement in the Company's bottom line. I
confidently expect our relationship with RAM to further fuel the Company's
growth."

Nicholas Lebetkin, Chief Executive of RAM Investments, said,

"Investing in Parallel Media Group allows RAM to explore further projects in the
sporting industry and strengthen our investment portfolio. We believe that PMG
has the ability to be highly profitable in the near future. With PMG's expertise
in sponsorship, media and golf, we are looking forward to a fruitful
relationship where both parties can trade on their strengths, thus bringing real
additional value to our shareholders. "

                                    - ENDS -

For information please contact:

Tracy Lloyd-Watts / Savita Tulsiani            0207 053 6000
Beattie Communications

Laurence Selman, Director                      0208 349 2001
RAM Investment Group plc

Roland Cornish / Felicity Geidt                020 7628 3396
Beaumont Cornish Limited


Notes to Editors

About RAM Investment Group PLC

RAM Investment Group is an AIM listed investment company that focuses on
investment opportunities in the media and leisure sector, specifically seeking
low risk, high return investments.

About FIFPRO

Is the worldwide representative organisation for all professional players. At
the moment 40 national players' associations are members of FIFPRO. It is a
democratic player driven organisation that actively seeks to promote the
individual and collective interests of the players.

FIFPRO is the exclusive collective international voice of the world's
professional footballers. It is a truly global organisation with members in
Africa, South America, North America, Scandinavia and Eastern and Western
Europe.

About Parallel Media Group (PMG)

AIM quoted Parallel Media Group plc ("PMG") is a global media, marketing and
sports management Company. The Company owns one of the largest asset portfolios
in Golf and has organised and promoted over 100 professional tournaments since
its inception 18 years ago. The key areas of the business are in Asia,
particularly in China and South East Asia, and in the Spanish speaking Americas,
and Europe where PMG owns extensive commercial and broadcast rights.

PMG has served a diverse range of clients over the years and continues to devise
unique and innovative mediums to better serve the demands of global brands
through event creation and marketing platforms. Current clients include UBS,
Adidas Taylor Made, Carlsberg, Malaysia Tourism, Robe di Kappa, Telekom
Malaysia, Samsung, Standard Chartered and TCL.

The company is currently organising and promoting tournaments including The UBS
Hong Kong Open, The Singapore Masters presented by Carlsberg, The Enjoy Jakarta
Standard Chartered Indonesian Open, The Malaysian Open, The TCL Classic, Samsung
Ladies Masters Singapore, The Thailand Ladies Open and the inaugural Kazakhstan
Open in Almaty.
In Latin America, PMG is the exclusive commercial rights holder and partner to
the Tour de las Americas, (TLA) the men's professional golf tour of Central /
South America and the Caribbean.




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

END
MSCDGGGRRRKGKZM

RAM (LSE:RAM)
Historical Stock Chart
From Jun 2024 to Jul 2024

RAM (LSE:RAM)
Historical Stock Chart
From Jul 2023 to Jul 2024