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CTC Media Schedules Fourth Quarter and Full Year 2011 Earnings Release and Conference Call

MOSCOW, Jan. 27, 2012 (GLOBE NEWSWIRE) -- CTC Media, Inc. (Nasdaq:CTCM), Russia's leading independent media company, will announce its financial results for the fourth quarter and twelve months ended December 31, 2011 on Tuesday, February 28, 2012 before U.S. market hours.

Boris Podolsky, acting Chief Executive Officer, Chief Financial Officer, will host a conference call to discuss the fourth quarter and full year 2011 financial results on February 28, 2012 at 8:00 a.m. ET/ 5:00 p.m. Moscow time/ 1:00 p.m. London time. To access the conference call, please dial:

US/International:          +1631 510 7498

UK/International:         +44 (0) 1452 555 566

Passcode:                      47039389

A live webcast of the conference call will be available on the Company's corporate website at www.ctcmedia.ru/investors and will be archived on the website for replay purposes.

For your convenience, please see below the preliminary dates for CTC Media's quarterly financial results announcements throughout 2012:

08.05.2012 – Announcement of the First Quarter 2012 Results (preliminary)

07.08.2012 – Announcement of the Second Quarter 2012 Results (preliminary)

07.11.2012 – Announcement of the Third Quarter 2012 Results (preliminary)

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 (operated under "Peretz" brand name and logo since 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, Germany and the Baltic states. 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.

The CTC Media, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9587

CONTACT: For further information, please contact:
         
         CTC Media, Inc.
         Investor Relations
         Ekaterina Ostrova
         Tel: +7 495 783 3650
         or Irina Klimova
         Tel: +7 495 981 0740
         
 This e-mail address is being protected from spambots. You need JavaScript enabled to view it.
 
         
         Media Relations
         Victoria Bakaeva
         Tel: +7 495 785 6347, ext 1210
         or Anna Zvereva
         Tel: +7 495 785 6347, ext 1212
         
 This e-mail address is being protected from spambots. You need JavaScript enabled to view it.
 

CTC Media, Inc. Logo

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