Company News: Page (1) of 1 - 09/19/12

CTC Media Content Becomes Available on Sony Entertainment Network

(September 19, 2012)

MOSCOW, Sept. 20, 2012 (GLOBE NEWSWIRE) -- CTC Media, Inc. ("CTC Media" or the "Company") (Nasdaq:CTCM), Russia's leading independent media company, has announced a joint project with Sony to launch apps for the CTC Media channels namely, CTC, Domashny and Peretz, as well as the Videomore.ru portal, on Sony BRAVIA® TVs, Blu-ray Disc™ Players, Home Cinema systems and Network Media Players through the Sony Entertainment Network. All video content will be supplied through Videomore.ru platform.

All four apps offer a catch up service for content on the Company's channels, as well as the entire Videomore.ru archive, which contains a selection of CTC Media's content, including previously unaired shows, as well as third party titles.

The total amount of content available to viewers amounts to more than 12,000 videos or around 6,000 hours of viewing material.

Anna-Maria Treneva, CTC Media's Head of New Media: "We have paid particular attention to Smart TVs as part of the development of the new media segment. Smart TVs give us the opportunity to reach out to each and every viewer by combining television with the internet, while keeping all the advantages of the traditional television (large screen, familiar viewing format etc.). We plan to develop our apps not only from a content perspective, but also in terms of technological capabilities for our viewers and advertisers".

Masayuki Shiotani, Marketing Director at Sony CIS: "We have put a lot of effort into the development of our audio-video entertainment services by creating a diverse collection of content for our international Sony Entertainment Network. Quality is the top priority for Sony, so we are constantly expanding our base of local providers, signing agreements with well-known and reliable partners such as CTC Media. Owners of BRAVIA TVs can now watch their favorite shows and series at any time and with the highest possible image quality."

CTC Media also works with other leading manufacturers of Smart TVs.

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

The CTC Media, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9587

Sony:

Sony is a leading global innovator of audio, video, communications and information technology products for both the consumer and professional markets. Sony is renowned for its audio-visual products, such as the BRAVIA™ LCD High Definition (HD) television, Cyber-shot™ digital camera, Handycam® camcorder and Walkman® MP3 player as well as its VAIO™ personal computers and HD professional broadcast equipment, highlighted by the XDCAM™ HD. Offering a complete end-to-end HD value chain and with its electronics, music, pictures, game and online businesses, Sony is one of the world's leading digital entertainment brands.

CONTACT: For further information,
please visit www.ctcmedia.ru or contact:

CTC Media, Inc.

Investor Relations
Ekaterina Ostrova
+ 7 495 783 3650
or Irina Klimova
+7 495 981 0740
ir@ctcmedia.ru

Media Relations
Victoria Bakaeva
+7 495 785 6347, ext. 1210
or Anna Zvereva
+7 495 785 63 47, ext. 1212
pr@ctcmedia.ru

Sony Electronics CIS

Senior PR Specialist
Aleksandra Seropegina
+7 495 258 7667, ext. 1353
Fax: +7 495 258 7650
Alexandra.Seropegina@eu.sony.com

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