RAM Ram Active

RNS Number:3480B
RAM Investment Group PLC
11 April 2006











For Immediate Release                                         11 April 2006


                            RAM INVESTMENT GROUP PLC


   EUROPEAN GOLF RESORTS SECURE PRIME GOLF DEVELOPMENT SITE IN HVAR, CROATIA



European Golf Resorts Limited ("EGR"), the joint venture formed by Ram
Investment Group PLC ("RAM") and Parallel Media Group PLC ("PMG") to develop
golf properties in emerging sporting and tourist destinations announces today
that it has signed a letter of intent to acquire a real estate site on the
Croatian Island of Hvar. The proposed development is intended to include a mixed
scheme of golf course, hotel and residential. Hvar belongs to the central island
group of the Adriatic.


The Company expects to be making further announcements on this project over the
coming weeks.


Enquiries:


Beattie Communications

Tim Blythe

+ 44 (0) 207 053 6023

or + 44 (0) 7816 924626



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

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