i am having the following layout file
<ImageView
android:id="@+id/imageView1"
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:src="@drawable/no_image" />
<LinearLayout
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:layout_alignRight="@+id/imageView1"
android:orientation="vertical" >
<TextView
android:id="@+id/tvWord1"
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:text="Medium Text"
android:textAppearance="?android:attr/textAppearanceMedium" />
<TextView
android:id="@+id/tvWord2"
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:text="Medium Text"
android:textAppearance="?android:attr/textAppearanceMedium" />
</LinearLayout>
<RelativeLayout
android:id="@+id/relativeLayout1"
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:layout_marginTop="10dp" >
<ImageView
android:id="@+id/imageView2"
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:layout_alignLeft="@+id/imageView4"
android:src="@drawable/edit" />
<ImageView
android:id="@+id/imageView3"
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:layout_alignLeft="@+id/imageView4"
android:layout_below="@+id/imageView2"
android:src="@drawable/delete" />
<ImageView
android:id="@+id/imageView4"
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:layout_alignParentRight="true"
android:src="@drawable/speak_my_words" />
</RelativeLayout>
this is my updated image.

can you suggest me more.
updated capture with the help of Sherif elKhatib explanation

You should use a RelativeLayout. Put everything as you wish.