CTC MEDIA PARTICIPATED IN DEUTSCHE BANK TMT CONFERENCE IN MOSCOW

15.05.2007
Moscow, Russia – May 15, 2007 – CTC Media, Inc. (NASDAQ: CTCM) announced today that Nilesh Lakhani, Chief Financial Officer, participated in the Deutsche Bank TMT Conference held on May 14-16, 2007 in Moscow. The conference format is a series of meetings with small groups of investors.

A copy of the slide presentation that the Company used during the conference is available at http://www.ctcmedia.ru/investors/presentations/

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 340 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
Katya Ostrova
+ 7 495 783 3650

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