CTC Media Publishes Its 2013 Annual Review

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MOSCOW, May 19, 2014 (GLOBE NEWSWIRE) -- Russia's leading independent media company CTC Media has published its Annual Review for 2013 today, which includes the unaudited consolidated financial statements for the year ended 31 December 2013.

The document explains CTC Media's approach to the challenge of the years ahead, sharing the strategic vision of the Company. It also illustrates how CTC Media intends to achieve its goals through improving the organizational efficiency while optimizing the returns from media assets. The Report is available on the Company's website at: http://www.ctcmedia.ru/investors/Annual_Reports/ as an online publication and as a downloadable PDF document.

You can also download the 2013 Annual review from this link: http://media.globenewswire.com/cache/8602/file/26507.pdf

About CTC Media

CTC Media is Russia's leading independent media company. The group of companies controls three television channels 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, as well as live in Kyrgyzstan. An international version of the PERETZ channel is also available in Belarus and Kyrgyzstan. CTC Media has 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 on CTC Media, please visit www.ctcmedia.ru.

CONTACT: For further information, please visit www.ctcmedia.ru or contact: Investor Relations Irina Faritova Head of Investor Relations +7 495 981 0740 ir@ctcmedia.ru

Source:CTC Media, Inc.