Placing of Shares (1981Z)

TIDMRAM

RNS Number : 1981Z

RAM Investment Group PLC

10 January 2011

FOR IMMEDIATE RELEASE 10 January 2011

RAM INVESTMENT GROUP PLC

("RAM" or the "Company")

RAM RAISES GBP1 MILLION FROM PLACING OF NEW ORDINARY SHARES

The Board of RAM announces that it has today completed a placing in order to provide funding for investment in RAM Vision Limited, a real time broadcaster in Digital out of Home advertising and content to major UK Shopping Malls, and provide the Group with additional working capital.

The Company has placed 25,862,500 new ordinary shares of 1p each at a price of 4p per share to raise GBP1,034,500 before expenses, with institutional and exempt investors on behalf of clients.

The new Ordinary Shares will, when issued, rank pari passu with the existing Ordinary Shares in issue and application will be made for 25 862,500 new Ordinary Shares to be admitted to trading on AIM. This is expected to be on 14 January 2011.

Tim Baldwin, Executive Chairman of the Company, participated in the placing and subscribed for 750,000 shares at the placing price. Following the placing he will have an interest in 9,379,438 Ordinary Shares, representing 6.37% of the issued share capital of RAM.

Pursuant to the placing, the Company has been notified that Ruffer LLP subscribed for 6,250,000 new Ordinary Shares at the placing price. Following the placing, Ruffer LLP will have an interest in 27,650,000 Ordinary Shares, representing 18.78% of the issued share capital of RAM. In addition, SF T1ps Smaller Companies Growth Fund subscribed for 2,225 000 Ordinary Shares at the placing price. Following the placing, SF T1ps Smaller Companies Growth Fund will have an interest in 8,660,294 Ordinary Shares, representing 5.88% of the issued share capital of RAM.

Executive Chairman Tim Baldwin commented:

"We are pleased to have secured some additional funding from both our existing and new institutional shareholders and management. This funding will be used to invest in the Iconic Screen roll out in Ram Vision, as previously announced, as well as a general strengthening of Group working capital. The capital expenditure roll out requires an initial equity investment, provided through these funds, followed by the likelihood of a more extensive roll out using asset finance. The Group considered that an investment in Iconic screens will achieve a good rate of return on capital and transform Ram Vision's revenue without much additional overhead required. The management considered it was imperative that this investment needed be deployed swiftly if the Company was to benefit from the likely uptick in demand in advertising in the run up to the London Olympics in 2012. The strengthening of the Group balance sheet will also assist the Group in dealing with working capital swings in the Group through the year ahead. Our expectations are for a substantial rise in revenue in 2011 over 2010 as a consequence of this funding and the building blocks put in place in 2010."

For further information please call:

Tim Baldwin RAM Investment Group plc 0207 518 4303

Sandy Jamieson Libertas Capital Corporate Finance Limited 0207 569 9650

Jon Levinson Rivington Street Corporate Finance Limited 0207 562 3357

This information is provided by RNS

The company news service from the London Stock Exchange

END

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