CTC/TV DIXI CHANNEL IN MOLDOVA DELIVERS RECORD AUDIENCE SHARES IN Q3 2011

11.10.2011

Moscow, RussiaOctober 11, 2011 — CTC Media, Inc. (“CTC Media” or “the Company”) (NASDAQ: CTCM), Russia’s leading independent media company announces the unprecedented audience share growth for its CTC/TV DIXI television channel in Moldova. In the third quarter of 2011, CTC/TV DIXI audience share in its target “all 6-54 Urban” demographic averaged 6.9%, which is more than 3 times higher than 2.0% in the year-ago period and is the highest share for the last three years. In September 2011, the target audience share reached 6.5%, which exceeds September 2010 results by 4.1 percentage points. Moreover, for the first time since the start of cooperation between CTC Media and CTC/TV DIXI, the channel has become the third most watched broadcaster in Moldova (up from the eighth most watched in 2010).



Moscow, RussiaOctober 11, 2011 — CTC Media, Inc. (“CTC Media” or “the Company”) (NASDAQ: CTCM), Russia’s leading independent media company announces the unprecedented audience share growth for its CTC/TV DIXI television channel in Moldova. In the third quarter of 2011, CTC/TV DIXI audience share in its target “all 6-54 Urban” demographic averaged 6.9%, which is more than 3 times higher than 2.0% in the year-ago period and is the highest share for the last three years. In September 2011, the target audience share reached 6.5%, which exceeds September 2010 results by 4.1 percentage points. Moreover, for the first time since the start of cooperation between CTC Media and CTC/TV DIXI, the channel has become the third most watched broadcaster in Moldova (up from the eighth most watched in 2010).

The CTC/TV DIXI and CTC Media teams cooperated seamlessly to facilitate the successful optimization and transition of the channel’s operations to CTC Media standards. This allowed to improve the channel’s market position, which was followed by active development of CTC/TV DIXI on Moldovan market. In the first half of 2011, the revenue of the channel increased by 30.5% year-on-year in US dollar terms.

Marat Devlet-Kildeyev, Head of the CIS Group of CTC Media, commented: “We continue to be committed to strengthening our positions on the Moldovan television market. Our results in September and in the third quarter indicated that we are moving in the right direction. The success was driven by such popular shows as “Daddy’s Daughters”, “One for All” and “Morning on CTC” (internal CTC/TV DIXI production) as well as a strong line-up of movies. I would specifically like to point out that the target audience share of “Morning on CTC” in the 06:30am-09:00am time slot reached 20.8% in the third quarter, which is the best result among all TV channels in the country.”

About CTC/TV DIXI

CTC/TV DIXI broadcasts on the territory of Moldova since 2005. In October 2008, СTC Media acquired a 51% stake in TV DIXI. The channel’s signal is transmitted via its own 10 stations in the largest cities of Moldova, including Kishinev, via cable operators (more than 100 across Moldova, including 10 in Kishinev) and via satellite. Technical penetration of the channel is 98%. CTC/TV DIXI is a general entertainment channel, which primarily targets family audiences. The channel offers its viewers everyday entertainment and comedy shows with popular TV celebrities, quality foreign and Russian series and best feature films produced by the major studios as well as own production entertainment programs in the Russian and Moldovan languages. For more information on CTC/TV DIXI visit: www.dixi.md

About CTC Media

CTC Media is a leading independent media company in Russia, with operations throughout Russia and elsewhere in the CIS. It operates three free-to-air television networks in Russia - CTC, Domashny and DTV (will start broadcasting under the new logo “Peretz” in October 2011) - 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, Israel and Germany. CTC Media also has its own TV content production capabilities through its subsidiary Story First Production. The Company’s common stock is traded on The NASDAQ Global Select Market under the symbol “CTCM”. For more information on CTC Media, please visit www.ctcmedia.ru

For further information, please contact:

CTC Media, Inc.

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