CTC-INTERNATIONAL STARTS BROADCASTING IN SOUTHEAST ASIA

17.07.2012
Moscow, Russia – July 17, 2012 – CTC Media, Inc. (“CTC Media” or the “Company”) (NASDAQ: CTCM), Russia’s leading independent media company, has announced the signing of an agreement with Thai Media Export Co., LTD to start broadcasting CTC-International in Thailand. Phuket is the first region that will be able to receive the channel. In the future, the Company plans to make the channel available in other regions of the country such as Bangkok and Pattaya as they contain a sizeable Russian population and have a highly developed tourism industry.

Moscow, Russia – July 17, 2012 – CTC Media, Inc. (“CTC Media” or the “Company”) (NASDAQ: CTCM), Russia’s leading independent media company, has announced the signing of an agreement with Thai Media Export Co., LTD to start broadcasting CTC-International in Thailand. Phuket is the first region that will be able to receive the channel. In the future, the Company plans to make the channel available in other regions of the country such as Bangkok and Pattaya as they contain a sizeable Russian population and have a highly developed tourism industry.

Under the terms of the agreement, CTC-International will be included as part of the four major cable networks in Phuket, which cover around 90% of the households and hotels in the region. The channel is already available on one of the networks and will be launched on the remaining three in fall this year. The potential audience size of the region amounts to more than 550,000 Russian-speaking viewers annually, most of whom are tourists. The agreement stipulates that CTC Media will receive a fixed monthly payment from the Thai company.

Marat Devlet-Kildeyev, CTC Media’s Head of International Broadcasting: “The CTC-I channel has been actively expanding its coverage area, practically doubling it in the first half of 2012. The channel’s potential audience also significantly increased in this period to 40 million people from 15 million. For a long time now, the international version of CTC has been available in countries that have traditionally been home to a large number of Russian expats such as the U.S., Israel, Germany and the Baltic States. The channel was then launched in Kazakhstan, Kyrgyzstan, Georgia, Armenia and Azerbaijan. The next stage of our development will see the channel launched in popular destinations for Russian tourists, the first of which is Thailand. We believe this sector has much potential and are currently looking into broadcasting in Turkey, United Arab Emirates and many other countries. Our ultimate goal is to ensure that our Russian compatriots have access to high quality and entertaining CTC content around the world.”

Nikita Shcherbina, Director of Thai Media Export Co., LTD: “The launch of CTC-I on Phuket Island has coincided with a sharp increase in Russian tourists to this resort. The first Russian radio station, reporters, newspapers and TV channels have only appeared on the island in the past year. The launch of one of the most popular Russian TV channels in Thailand will set a new benchmark for the development of local Russian television and drastically diversify existing content. With the help of CTC Media, we hope to make the holidays of our compatriots even more relaxing and entertaining.”

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 and Central 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.

About Thai Media Export Co., LTD

The Thai Media Export Co., LTD television company was the first independent joint Russian-Thai business to start broadcasting its own Russian language channel on Phuket Island, Thailand in 2010. The broadcast range covers the entire island, including almost all the major hotels, resorts and residential areas. The annual audience comprises over 550,000 people. The company plans to introduce Russian-speaking television to all the major resort towns in Thailand. In addition to broadcasting services, the company also produces and sells its own content.

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For further information, please visit www.ctcmedia.ru or contact:

Investor Relations

Ekaterina Ostrova
+ 7 495 783 3650
or Irina Klimova
+7 495 981 0740
ir@ctcmedia.ru

Media Relations

Victoria Bakaeva
 +7 495 785 6347, ext. 1210
or Anna Zvereva
+7 495 785 63 47, ext. 1212
pr@ctcmedia.ru