CTC Media Schedules Third Quarter 2012 Earnings Release and Conference Call

MOSCOW, Oct. 25, 2012 (GLOBE NEWSWIRE) -- CTC Media, Inc. CTCM, Russia's leading independent media company, will announce its financial results for the third quarter ended September 30, 2012 on Wednesday, November 7, 2012 before U.S. market hours.

Boris Podolsky, Chief Executive Officer, and Nikolay Surikov, Chief Financial Officer, will host a conference call to discuss the third quarter 2012 financial results on November 7, 2012 at 8:00 a.m. ET / 1:00 p.m. UK / 5:00 p.m. Moscow time. To access the conference call, please dial:

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 about CTC Media, please visit www.ctcmedia.ru

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