Moscow, Russia – November 28, 2006 – CTC Media, Inc. (Nasdaq: CTCM), a leading television broadcaster in Russia, announced the CTC Network won awards in six categories during the 12th National TV Awards of Russia, or TEFI awards, held Nov. 23, 2006, in Moscow, Russia. CTC Network ranks third by the total number of TEFI awards received, after First Channel and Russia.

- CTC Network Ranked Third in Total Number of Awards -

CTC Network was recognized in the following categories:

Producer, for Born Not Pretty
Alexander Rodnyansky, Alexander Akopov, Natalia Shneiderova, Ilia Papernov, Elena Markovskaya
Infotainment Program, for Stories in Details
Best Musical Program, for On the Wave of My Memory
Talk-Show Host, for Details
Tina Kandelaki
Host of Entertainment Program, for Good Jokes
Tatiana Lazareva and Mikhail Shats
Special Project, for Night in Childhood Style

About TEFI Awards

Tefi are the most prominent Russian television industry awards. The awards are granted by the Academy of Russian television, a professional honorary organization. The awards are intended for the TV programs and persons the Academy believes have the top achievements of the year.

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, which reaches approximately 100 million people through more than 320 affiliate stations, including 17 owned-and-operated stations; and the Domashny television network, which reaches approximately 58 million people through more than 190 affiliate stations, including six owned-and-operated stations. The Company is traded on The Nasdaq National Market under the symbol: CTCM. For more information on CTC Media, please visit: www.ctcmedia.ru.

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