Mr. Alexander Rodnyansky, CEO of CTC Media,
Rings The NASDAQ Stock Market Closing Bell

Friday, June 2, 2006
at NASDAQ's MarketSite
in New York City.

CTC Media [CTCM]

Mr. Alexander Rodnyansky, CEO of CTC Media presides over the closing bell to celebrate its initial public offering on NASDAQ.

CTC Media, Inc. (CTC Media) is one of the largest commercial television broadcasters in Russia offering entertainment programming. It operates two free-to-air Russian television networks, CTC and Domashny, and a number of owned-and-operated regional television stations across Russia, which broadcast CTC and Domashny programming. CTC is a television channel offering high quality entertainment programming targeted principally at viewers aged 6-54. Domashny Network, launched in 2005, is principally targeted at female audiences aged 25-60.

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