CTC MEDIA SCHEDULES SECOND QUARTER 2007 EARNINGS RELEASE AND CONFERENCE CALL

06.07.2007
Moscow, Russia— July 06, 2007—CTC Media, Inc. (NASDAQ: CTCM) will announce its financial results for the second quarter ended June 30, 2007 on Monday, July 30, 2007 before U.S. market hours.

Senior management will host a conference call to discuss second quarter 2007 financial results on July 30, 2007 at 9:00 a.m. ET (5:00 p.m. Moscow time). To access the conference call, please dial:

International: +1 973 582 2741
Russia:  8108 002 531 1012
Pass code: 8982560

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 Monday, August 13, 2007 at midnight ET. The replay can be accessed by dialing +1 973 341 3080. The pass code for the replay is 8982560. A webcast of the conference call will be archived on the Company’s web site for two weeks.


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
ir@ctcmedia.ru

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