CTC Media CEO to Ring The NASDAQ Stock Market Closing Bell

CTC Media CEO to Ring The NASDAQ Stock Market Closing Bell

Company Celebrates Initial Public Offering

NEW YORK, June 1 /PRNewswire-FirstCall/ -- The following is being issued by NASDAQ (NASDAQ:NDAQ):

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

Where:
NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio

When:
Friday, June 2nd, 2006 at 4:00 p.m. EDT

Contacts:
Irina Osadchaya
Investor Relations
7 495 783 3650
iosadchaya@ctcmedia.ru

NASDAQ MarketSite:
Stephanie Lowenthal; 646.441.5220

Feed Information:
The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6
C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio
6.2-6.8. The feed can also be found on Waterfront fiber 1623. If you
have any questions, please contact Stephanie Lowenthal at (646) 441-5220.

Photos:
To obtain a hi-resolution photograph of the Market Close, please go to
http://www.nasdaq.com/reference/marketsite_events.stm and click on the
market close of your choice.

About CTC Media:

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.

Source: NASDAQ

CONTACT: Irina Osadchaya, Investor Relations of CTC Media, Inc.,
+7 495 783 3650, iosadchaya@ctcmedia.ru; or Stephanie Lowenthal of NASDAQ
MarketSite, +1-646-441-5220

Web site: http://www.nasdaq.com/

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