RAM Energy Resources Named to the Nasdaq Global Market

Business Wire, July 7, 2008

TULSA, Okla. -- RAM Energy Resources, Inc. (Nasdaq: RAME) announced that the Company's application for upgrade of its listing from The Nasdaq Capital Market to The Nasdaq Global Market was approved. Accordingly, the Company's shares will begin trading on The Nasdaq Global Market under the same symbol (RAME), effective with the open of business on July 7, 2008. For additional information about The Nasdaq Global Market, please go to: http://www.nasdaq.com.

"We're pleased about our new listing on The Nasdaq Global Market. We expect that the upgrade will increase our visibility and look forward to communicating our strategy with an expanded audience," said Larry E. Lee, Chairman and CEO.

RAM Energy Resources, Inc. is an independent energy company engaged in the acquisition, exploitation and exploration of oil and gas properties and the marketing of natural gas and crude oil. Company headquarters are in Tulsa, Oklahoma, and its common shares are traded on the Nasdaq under the symbol RAME. For additional information, visit the company website at www.ramenergy.com.