CTC Media Schedules First Quarter 2008 Earnings Release and Conference Call

MOSCOW, April 10 /PRNewswire-FirstCall/ — CTC Media, Inc. will announce its financial results for the first quarter ended March 31, 2008 on Tuesday, April 29, 2008 before U.S. market hours.Senior management will host a conference call to discuss first quarter 2008 financial results on April 29, 2008 at 9:00 a.m. ET (5:00 p.m. Moscow time, 2:00 p.m. London Time). To access the conference call, please dial: International: 1 973 582 2741 Russia: 8108 002 531 1012 Passcode: 42562935A live webcast of the conference call will be available on the Company’s corporate Web site at .A replay of the conference call will be available through Tuesday, May 13, 2008 at midnight ET. The replay can be accessed by dialing 1 706 645 9291 or 1 800 642 1687. The passcode for the replay is 42562935. A webcast of the conference call will be archived on the Company’s Web site for two weeks.About CTC Media, Inc.CTC Media is a leading independent media company in Russia. It owns and operates the CTC television network, whose signal is carried by more than 350 affiliate stations, including 19 owned-and-operated stations; and the Domashny television network, whose signal is carried by over 230 affiliate stations, including 13 owned-and-operated stations. CTC recently announced the acquisition of DTV, a third Russian television network, which is expected to close in the second quarter of 2008. The combined audience share for the CTC, Domashny and DTV networks in 2007 was 12.9ACIORFIPROCENTE. CTC Media owns two TV content production companies: COSTAFILM and SOHO MEDIA, and operates Channel 31 in Kazakhstan and a TV company in Uzbekistan. 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: . Contacts: CTC Media, Inc. Ivan Philippov (media) Katya Ostrova (investors) 7 495 785 6333 Brainerd Communicators, Inc. Jenna Focarino (media) Michael Smargiassi (investors) 1 212 986 6667CTC Media, Inc.

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