CTC MEDIA SCHEDULES FIRST QUARTER 2007 EARNINGS RELEASE AND CONFERENCE CALL

05.04.2007
Moscow, Russia—April 05, 2007—CTC Media, Inc. (NASDAQ: CTCM) will announce its financial results for the first quarter ended March 31, 2007 on Friday, April 27, 2007 before U.S. market hours.

Senior management will host a conference call to discuss first quarter 2007 financial results on April 27, 2007 at 9:00 a.m. ET (5:00 p.m. Moscow time). To access the conference call, please dial:

International: +1 973 935 8867
Russia: 8108 002 531 1012
Pass code: 8645050

A live webcast of the conference call will be available on the Company's corporate web site at www.ctcmedia.ru/investors.

A replay of the conference call will be available through Friday, May 11, 2007 at midnight ET. The replay can be accessed by dialing +1 973 341 3080. The pass code for the replay is 8645050. A webcast of the conference call will be archived on the Company’s web site for two weeks.

Starting with Q1 2007, CTC Media will make quarterly audience share information available on its web-site approximately two weeks following the end of the calendar quarter, when this information becomes available from TNS Gallup Media.

About CTC Media, Inc.

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 network, whose signal is carried by over 210 affiliate stations, including eight owned and operated stations. The Company is traded on the NASDAQ Global Market under the symbol: "CTCM". For more information on CTC Media, please visit: www.ctcmedia.ru.

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Contacts:

CTC Media, Inc.
Dmitry Barsukov
+7 495 783 3650
ir@ctcmedia.ru

Brainerd Communicators, Inc.
Jenna Focarino (media)
Michael Smargiassi, Todd St.Onge (investors)
+1 212 986 6667