CTC MEDIA, INC. (CTCM)

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Domashny and Peretz Channels Now Available on LG Smart TVs

Monday 16 July 2012

CTC Media, Inc. ("CTC Media" or the "Company") (Nasdaq:CTCM), Russia's leading independent media company, has announced the successful completion of a joint project with LG Electronics to launch Domashny and Peretz channel widgets on LG Smart TVs. The VideoMore.ru portal supplies the video content for the widgets.

Viewers can now search for and watch all the CTC, Domashny and Peretz channel content at any time on LG Smart TVs, without the need for any additional configuration or advanced settings. The catch-ups are available immediately after the shows have been aired.

The service is automatically available for all owners of LG Smart TVs produced from 2011 onwards. The CTC Media channel widgets are pre-installed in the Premium Zone for users' convenience.

The design of the CTC channel widget, which was released on LG Smart TVs in July 2011, was updated and refined, while the interface has been made more user-friendly. In addition, program viewing status (how many of the total number of episodes have been watched) and resume playback from last position features have been introduced.

Anna-Maria Treneva, CTC Media's Head of New Media: "We see a lot of potential in the smart TV sector and our joint project with LG is part of our strategy to increase the CTC Media audience reach in new media. The launch of the CTC channel widget on LG Smart TVs has proved that our content is very popular among viewers. One third of all LG Smart TV owners use the CTC widget. According to usage statistics, the CTC channel widget was ranked first among TV widgets, and was also among the Top-5 widgets for LG Smart TVs. The introduction of the Domashny and Peretz widgets has helped us broaden our audience coverage and offer viewers more choice."

CTC Media plans to cooperate with other leading television manufacturers in the future.

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 and Central 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

About LG Electronics

LG Electronics is a world-leading producer of high-tech electronics, mobile communications devices and household appliances. The company employs more than 93,000 people in 120 branches around the world. The LG company consists of the following four divisions: Home Entertainment, Mobile Communications, Home Appliance and Air Conditioning & Energy Solution. The company's total sales revenue in 2011 amounted to 54.3 trillion South Korean won (U.S. $49 billion). Please visit www.LGnewsroom.com for further information.

About LG Electronics Home Entertainment

LG Electronics Home Entertainment is a leading world player on the flat-screen TV and multimedia player markets both in the consumer and business segments. LG Electronics Home Entertainment's products include LCD and plasma TVs, home cinema systems, Blu-ray players, and other audio and video equipment. The company produces multifunctional, stylish and high-tech devices, which take home entertainment to a whole new level.

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