CTC MEDIA TO LAUNCH CTC-INTERNATIONAL CHANNEL IN ISRAEL

16.06.2010
Moscow, Russia – June 16, 2010 – CTC Media, Inc. (“CTC Media” or the “Company”) (NASDAQ: CTCM), Russia’s leading independent media company, today announced the launch of the CTC-International channel in Israel. The channel is distributed on the Yes satellite platform and the HOT cable network, which have a combined total of approximately 120 thousand Russian-speaking subscribers. CTC Media has signed 2-year non-exclusive distribution agreements with the broadcasters.

The international version of CTC, which was launched in the US in December 2009, is a 24-hour a day family entertainment channel with a broad range of high quality programming content from the CTC (80%), Domashny and DTV channels.
 
1 million people, or 13% of the Israeli population, is Russian-speaking and overall pay-TV market revenues are estimated at US$ 230 million for the full year 2009 *.

Anton Kudryashov, Chief Executive Officer of CTC Media, commented: “The launch of CTC-International in Israel is in line with our international expansion strategy and follows the introduction of the channel in the US at the end of last year. Israel is an attractive TV market, with 224 minutes of average daily household viewing in 2009, which is higher than in most European countries **. Furthermore, there are over 1.5 million pay-TV subscribers in Israel, with pay-TV penetration of close to 80% ***, and cable and satellite pay-TV subscription rates are also relatively high.”
Irina Shalinets, Director of the International Broadcasting Department at CTC Media, added: “Many CTC programs and series are already familiar to viewers in Israel because they have previously been acquired by local broadcasters. TV viewers will now be able to watch the best of our content on a dedicated 24/7 channel.”

Ron Hermelin, Head of Channels at HOT, commented: “HOT was the first company in the world to broadcast CTC content outside Russia, which we did on our Video On Demand platform. Given the popularity of the channel content among our subscribers and the demand for more Russian language programming, we are delighted to be able to add the CTC-International channel to our offering.”

“CTC’s infotainment genre is the perfect fit for our range of Russian-language TV channels, and will make our package even more attractive to viewers”, emphasized Yoina Vizental, Deputy Chief Content Officer at Yes.

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

CTC Media, Inc.
Investor Relations
Ekaterina Ostrova
Irina Klimova
Tel: + 7 495 783 3650
ir@ctcmedia.ru

Media Relations
Ekaterina Osadchaya or
Angelika Larionova
Tel: +7 495 785 6333
pr@ctcmedia.ru

About CTC Media, Inc.

CTC Media is the leading independent media company in Russia, and also has operations in a number of other CIS countries. CTC Media operates three national free-to-air television networks in Russia (CTC, Domashny and DTV); Channel 31 in Kazakhstan; and TV companies in Uzbekistan and Moldova, with a combined total potential audience of more than 180 million people. CTC Media launched the international version of the CTC channel in the US in December 2009. CTC Media also owns two TV content production companies (Costafilm and Soho Media) in Russia. The Company’s common stock is traded on The NASDAQ Global Sel ect Market under the symbol “CTCM”.

Certain statements in this press release that are not based on historical information are "forward-looking statements", including statements regarding the potential success of CTC-International in the Israeli market. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual performance to be materially different fr om those implied by such forward-looking statements, including the risks described in the "Risk Factors" section of CTC Media's quarterly report on Form 10-Q, filed with the SEC on April 30, 2010. You are cautioned not to place undue reliance on these forward-looking statements. CTC Media does not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.

*  Source:  PwC Global Entertainment and Media Outlook: 2008-2013
**  Source:  EurodataTV/ Mediametrie «One television year in the world 2010»
*** Source:  PwC Global Entertainment and Media Outlook: 2008-2013