CTC-INTERNATIONAL LAUNCHES ON CABLEVISION’S iO TV

28.10.2011

Moscow, Russia – October 28, 2011 – CTC Media, Inc. (“CTC Media” or “the Company”) (NASDAQ: CTCM), Russia’s leading independent media company, announces the further expansion of the international version of CTC (“CTC-International”) in North America. In October 2011, the channel became available to Cablevision’s iO TV digital cable television customers as a part of the iO Russian package.



Moscow, Russia – October 28, 2011 – CTC Media, Inc. (“CTC Media” or “the Company”) (NASDAQ: CTCM), Russia’s leading independent media company, announces the further expansion of the international version of CTC (“CTC-International”) in North America. In October 2011, the channel became available to Cablevision’s iO TV digital cable television customers as a part of the iO Russian package.

Cablevision is the fourth operator in the USA to broadcast CTC-International. CTC International was first launched in the USA in 2009 through the DISH platform and by spring 2011, within two years of its initial launch, CTC-International also signed contracts with Time Warner Cable and Russian Media Group.

Cablevision Systems Corporation is one of the leading media and telecommunications companies in the USA. Its cable television operations provide a full suite of advanced communications services, all over state-of-the-art cable systems that pass nearly 6 million households and businesses across the New York tri-state area and throughout four Western states.

Viacheslav Sinadski, Chief Strategy Officer of CTC Media, commented: “CTC-International already has a considerable loyal audience in North America and I am glad that we are further broadening our subscriber base. The channel offers a broad range of premium family-oriented entertainment content, and I am sure that our sitcoms, series and comedy shows will be loved by both kids and their parents.”

“We serve many different communities and continue to bring our customers more of the unique programming they want and enjoy. We are proud to bring the full breadth of entertainment, public affairs, nature and science and sports programming in native languages from all over the world into the homes of our multicultural customers,” said Bradley Feldman, Cablevision’s Vice President, Video Product Management.

About CTC Media, Inc.

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 (operates under “Peretz” brand and logo from October 2011) – as well as Channel 31 in Kazakhstan and 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 Sel ect Market under the symbol “CTCM”. For more information on CTC Media, please visit www.ctcmedia.ru.

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

CTC Media, Inc.
Investor Relations

Ekaterina Ostrova
Tel: +7 495 783 3650

or Irina Klimova
Tel: +7 495 981 0740
ir@ctcmedia.ru

Media Relations

Victoria Bakaeva
Tel: +7 495 785 6347, ext 1210

or Anna Zvereva
Tel: +7 495 785 6347, ext 1212
pr@ctcmedia.ru

Caution Concerning Forward Looking Statements

Certain statements in this press release that are not based on historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, among others, plans to add broadcasting in the Baltic states and Canada, our possibilities of monetization of broadcasting outside of Russia, increase of our potential audience abroad, our ability to start advertising placement abroad in the end of 2011 and ability to substantially increase revenues of our CTC-International segment and etc. These statements reflect the Company's current expectations concerning future results and events. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of CTC Media to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

The potential risks and uncertainties that could cause actual future results to differ fr om those expressed by forward-looking statements are described in the "Risk Factors" sections of CTC Media's quarterly report on Form 10-Q for the second quarter of 2011, filed with SEC on August 5, 2011.

Other unknown or unpredictable factors could have material adverse effects on CTC Media's future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed herein may not occur. 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.