VLADIMIR KHANUMYAN, COO OF CTC MEDIA, WINS PRESTIGIOUS PROFESSIONAL AWARD

10.07.2007
Moscow, Russia – July 10, 2007 – CTC Media, Inc. (NASDAQ: CTCM) announced today that Vladimir Khanumyan, Chief Operating Officer, was honored with a prestigious national professional ‘Russian Media Manager 2007’ award in the ‘Television’ category on July 5, 2007.

Vladimir Khanumyan joined CTC Media in 1996 as Sales Director, CTC-Moscow, and was promoted to General Director in 1997.  Since 1998, he has served as General Director of the CTC Television Station Group. He was appointed CTC Media’s Chief Operating Officer in 2004.

This marks the third time CTC Media’s senior management has been honored at this annual professional award ceremony.  CTC Media’s President and Chief Executive Officer, Alexander Rodnyansky, was twice honored – in 2004 (Grand Prix) and in 2006 (special category ‘For Company Restructuring and IPO’).

The national award ‘Russian Media Manager’ was established in 2001 to promote significant events and developments in the media business associated with management professionalism and excellence. The best media managers are determined by an expert council and jury consisting of prior-year award winners and acknowledged media market experts and leaders.

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.
Konstantin Vorontsov
+7 495 785 6333

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