CTC Wins Nine Prestigious Russian Television Academy Awards

CTC Wins Nine Prestigious Russian Television Academy Awards

MOSCOW, Sept. 26 /PRNewswire-FirstCall/ -- CTC Media, Inc. (NASDAQ:CTCM), Russia's leading independent media company, announced today that it has received Russia's most prestigious television award -- TEFI 2008 -- in nine categories.

TEFI was established 14 years ago by the National Television Academy to honor professional achievement in television broadcasting. On September 25, the annual TEFI National Television Awards ceremony was held in Moscow. This year, CTC Media's channels CTC and Domashny were nominated as finalists in 18 out of 50 categories, with CTC earning nine awards, including:

-- Alexander Rodnyansky, President of CTC Media, Vyacheslav Murugov,
General Producer of CTC Media, and Konstantin Kikichev, General
Director of COSTAFILM received an award in the "Movie/Series Producer"
category for producing the first original Russian sitcom Daddy's
Girls.

-- Daddy's Girls was named "Best Sitcom" of the year.

-- Thank God You Have Come! received an award as "Best Comedy Show".

-- Stories in Detail was the TEFI winner in two categories -
"Infotainment Program" and "Cinematography".

-- Mikhail Shvytkoy and Elena Perova were named "Best Entertainment
Program Anchors" for Life is Beautiful.

-- Alexandra Zelenova and Alexandra Belousova were TEFI winners in the
"TV Program Sound Producer" category for Good Jokes.

-- "??? is a Wonderland" -- CTC's latest promo-campaign -- received an
award for "Best Channel Branding".

-- Series "Thirtysomething" won "Best Promo" award.

Vyacheslav Murugov, General Producer of CTC Media, commented, "Nine bronze Orpheus statuettes and 18 nominations are the result of hard work by the CTC Media team throughout the year. I am especially pleased to receive the award in the "Producer" category together with Alexander Rodnyansky. We have come a long way to bring this project to life and are proud of receiving acknowledgement from both viewers (according to ratings) and, importantly, professionals."

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 21 owned-and-operated stations; the Domashny television network, whose signal is carried by over 230 affiliate stations, including 13 owned-and-operated stations; and the DTV television network, whose signal is carried by a number of affiliate stations, including 3 owned-and-operated stations. 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.
Katya Ostrova (investors)
+ 7 495 783 3650
ir@ctcmedia.ru

Daria Shuvaeva (media)
+ 7 495 797 4168

Brainerd Communicators, Inc.
Jenna Focarino (media)
Michael Smargiassi (investors)
+1 212 986 6667

Source: CTC Media, Inc.

CONTACT: Katya Ostrova (investors), +7-495-783-3650, ir@ctcmedia.ru, or
Daria Shuvaeva (media), +7-495-797-4168, both of CTC Media, Inc.; or Jenna
Focarino (media), or Michael Smargiassi (investors), both of Brainerd
Communicators, Inc., +1-212-986-6667

Web Site: http://www.ctcmedia.ru/

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