CTC MEDIA ANNOUNCEMENT

CTC MEDIA ANNOUNCEMENT

Stockholm
March 6, 2006
22.35 CET
NOT FOR DISTRIBUTION IN THE UNITED STATES, THE RUSSIAN FEDERATION, AUSTRALIA, CANADA OR JAPAN Modern Times Group MTG AB, the international entertainment-broadcasting group, announces that CTC Media, Inc. has today made a new announcement that can be found on CTC Media’s corporate website at www.ctcmedia.ru. MTG owns 43.1% of CTC Media.

For further information, please visit www.mtg.se, email info@mtg.se, or contact: Hans-Holger Albrecht, President & CEO tel: +46 (0) 8 562 000 50 Matthew Hooper, Corporate Communications tel: +44 (0) 20 7321 5010

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