PARTICIPATION IN THE II ANNUAL CONFERENCE "MEDIA BUSINESS: MEDIA HOLDINGS DEVELOPMENT STRATEGIES"

22.02.2007
Moscow, Russia - 22 February, 2007 - СТС Media, Inc. (Nasdaq: CTCM) informs that Alexander Rodnyansky, СТС Media President participated in the II annual conference "Media Business: Media Holdings Development Strategies" (February 21-22, 2007) organized by Vedomosti, leading Russian business newspaper.

Alexander Rodnyansky addressed the conference on Wednesday, 21 February, 2007.

"Media Business: Media Holdings Development Strategies" Conference is one of significant discussion forums for deliberation of live issues of development of the Russian media market annually calling together more than 150 owners and top managers of publishing houses, TV channels, radio stations, online media, experts, representatives of investment houses and industrial-and-financial companies. Key themes of the discussion included changes in the Russian media business model, strategies and investments in the modern media market.

In his statement Alexander Rodnyansky emphasized the significance of СТС Media IPO for the national media industry, and noted that the company's success had set a standard which could be a reference for broadcasting companies intending to access international stock exchanges. "IPO is a tool for fair estimation of a business. СТС Media development strategy has been highly appreciated by investors. Today the company ranks among top ten media companies of Europe in terms of capitalization, demonstrating thereby not only its success, but also the recognition of the Russian TV industry potential by foreign investors", Alexander Rodnyansky said.

About CTC Media

Based in Moscow, CTC Media, Inc. was formed in 1989 to pursue commercial media and advertising opportunities in Russia. The Company owns and operates the CTC television network, whose signal is carried by more than 330 affiliate stations, including 17 owned-and-operated stations; and the Domashny television, whose signal is carried by over 210 affiliate stations, including eight owned-and-operated stations. The Company is traded on The Nasdaq National Market under the symbol: CTCM. For more information on CTC Media, please visit: www.ctcmedia.ru.

CTC Media
Alexander Chernov
+7 (495) 783-3646
achernov@ctcmedia.ru