Issue of Equity

RAM INVESTMENT GROUP PLC

("RAM" or the "Company")

ISSUE OF EQUITY

The Board of RAM Investment Group Plc ("RAM") announces today that it has allotted 758,547 new Ordinary Shares of 1p each at a price of 4p per Ordinary Share in lieu of interest payable on loan.

Application will be made for 758,547 new Ordinary Shares in RAM, which, when issued, will rank pari passu with the existing Ordinary Shares in issue and application will be made for such new Ordinary Shares to be admitted to trading on AIM. This is expected to be on 29 September 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

Peter Greensmith Rivington Street Corporate Finance Limited 0207 565 3350