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