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CTC Media Appoints Konstantin Khachaturov As Chief Business Support Officer

From 2006 to 2007, Konstantin was in charge of the technological strategy division of the Strategic Planning and Control Department of Mobile Telesystems, a leading telecommunications operator in Russia and the CIS.

From 2004 to 2006, he was head of the IT strategy and process division of the Department of Planning and Cooperation at Mobile TeleSystems.

In 2003-2004, Konstantin worked as lead consultant at IBM Eastern Europe/Asia.

In 1997-2002, he was an expert then lead consultant at PricewaterhouseCoopers.

In 1995-1997, he was employed as an expert in the telecommunication systems department of LVS Group

About CTC Media, Inc.

CTC Media is a leading independent media company in Russia, with operations throughout Russia and in a number of other CIS markets. It operates three free-to-air television networks in Russia – CTC, Domashny and Peretz – as well as Channel 31 in Kazakhstan and a TV company in Moldova, with a combined potential audience of over 150 million people. The international pay-TV version of the CTC channel is available in North America, Europe, North Africa, the Middle East, Central and South East Asia. CTC Media also has its own TV content production capabilities through its Story First Production subsidiary. The Company's common stock is traded on the NASDAQ Global Select Market under the symbol "CTCM". For more information about CTC Media, please visit www.ctcmedia.ru

The CTC Media, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9587

CONTACT: For further information, please visit www.ctcmedia.ru or
         contact:
         
         Ekaterina Ostrova
         Director, Corporate Communications and Investor Relations
         + 7 495 783 3650
         
         Irina Klimova
         Senior Manager, Investor Relations
         +7 495 981 0740
         ir@ctcmedia.ru
         
         Viktoriya Bakaeva
         Head of Media Relations, Press Secretary
         +7 495 785 6347
         pr@ctcmedia.ru

CTC Media, Inc. Logo

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