CTC Media Schedules Fourth Quarter and Full Year 2012 Earnings Release and Conference Call

MOSCOW, Feb. 6, 2013 (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, 2012 on Wednesday, March 6, 2013 before U.S. market hours.

Boris Podolsky, Chief Executive Officer, and Nikolay Surikov, Chief Financial Officer, will host a conference call to discuss the fourth quarter and twelve months ended December 31, 2012 on Wednesday, March 6, 2013 at 8:00 a.m. ET / 1:00 p.m. UK / 5:00 p.m. Moscow time. To access the conference call, please dial:

US/International: +1 631 510 7498
UK/International: +44 (0) 1452 555 566
Passcode: 97869390

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.

About CTC Media, Inc.

CTC Media is a leading independent media company in Russia, with operations throughout Russia and in a number of other CIS markets. It operates three free-to-air television networks in Russia – CTC, Domashny and Peretz – 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, Europe, North Africa, the Middle East, Central and South East Asia. CTC Media also has its own TV content production capabilities through its Story First Production subsidiary. 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:
         
         Ekaterina Ostrova
         Director, Corporate Communications and Investor Relations
         + 7 495 783 3650
         
         Irina Klimova
         Senior Manager, Investor Relations
         +7 495 981 0740
         ir@ctcmedia.ru

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