CTC Media Third Quarter 2013 Conference Call Format Update

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MOSCOW, Nov. 6, 2013 (GLOBE NEWSWIRE) -- CTC Media, Inc. (Nasdaq:CTCM), Russia's leading independent media company, will provide an overview of its key mid-term strategic priorities and development plans at the results call for the third quarter ended September 30, 2013. The call will be hosted by Yuliana Slashcheva, Chief Executive Officer, and Nikolay Surikov, Chief Financial Officer. The strategy update call previously scheduled for November 11, 2013 will be cancelled.

The third quarter 2013 results call will take place on Thursday, November 7, 2013 at 8:00 a.m. ET / 1:00 p.m. UK / 5:00 p.m. Moscow time. To access the conference call, please dial:

US/International: +1 631 621 5256
UK/International: +44 (0) 1452 560304
Passcode: 86145463

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.

A more detailed update on CTC Media's strategic developments will be delivered at the Company's full year 2013 results and Capital Markets Day, to be held in the first quarter of 2014.

About CTC Media, Inc.

CTC Media is a leading independent media company in Russia, with operations throughout Russia and elsewhere in the CIS. 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, Central Asia, Armenia, Georgia, Azerbaijan, the Middle East and Kyrgyzstan. CTC Media also has its own TV content production facilities through its subsidiary Story First Production and a number of digital entertainment media assets: videomore.ru, domashniy.ru, ctc.ru, peretz.ru. The Company's common stock is traded on the NASDAQ Global Select Market under the symbol "CTCM". For more information, please visit www.ctcmedia.ru.

CONTACT: For further information, please contact: Ekaterina Ostrova Director, Financial Communications and Investor Relations + 7 495 783 3650 Irina Klimova Senior Manager, Investor Relations +7 495 981 0740 ir@ctcmedia.ru

Source:CTC Media, Inc.