CTC Media Schedules First Quarter 2008 Earnings Release and Conference Call

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Thu Apr 10, 2008 5:00am EDT

MOSCOW, April 10 /PRNewswire-FirstCall/ -- CTC Media, Inc. (Nasdaq: CTCM)
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:      42562935

    A live webcast of the conference call will be available on the Company's
corporate Web site at www.ctcmedia.ru/investors.
    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 12.9%.  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: www.ctcmedia.ru.
    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 6667

SOURCE  CTC Media, Inc.

Ivan Philippov (media), or Katya Ostrova (investors), both of CTC Media, Inc.,
+7-495-785-6333; or Jenna Focarino (media), or Michael Smargiassi (investors),
both of Brainerd Communicators, Inc. for CTC Media, Inc., +1-212-986-6667
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