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Oleg Kuzmin Appointed CTC Media's Chief Strategic Communications Officer

MOSCOW, Nov. 10, 2014 (GLOBE NEWSWIRE) -- CTC Media, Inc. (CTC Media or the "Company") (Nasdaq:CTCM), a leading independent media company in Russia, announces the appointment of Oleg Kuzmin as Chief Strategic Communications Officer of CTC Media.

Mr. Kuzmin's responsibilities will include development and implementation of the Company's PR strategy and communications policy, investor relations, external and internal communications, corporate social responsibility and communications support for the TV channels' projects.

Earlier, Oleg Kuzmin headed communications and marketing projects in different sectors of the economy from heavy industry to media and sports.

Mr. Kuzmin was Vice President of Corporate Communications at EVRAZ, the international steel and mining company, and before that he was a member of the Management Board and Director for Corporate Affairs at INTERPIPE, the pipe and wheel company. Earlier, Mr. Kuzmin headed the Department for External Relations and Communications at the EUROCEMENT group and held senior positions at Ogilvy Public Relations, a public relations agency.

Yuliana Slashcheva, CTC Media's Chief Executive Officer, stated: "I am pleased to see Oleg Kuzmin in our team. I am convinced that his many years of successful work in corporate communications and public relations on both Russian and international markets will enable CTC Media to further strengthen its position as the leading Russian independent media company."

Oleg Kuzmin, Chief Strategic Communications Officer of CTC Media: "I am pleased to join CTC Media's team. Today the media and entertainment industry provides plenty of opportunity for development, and communications are extremely necessary in a period when the industry faces difficult challenges. I am convinced that together we will be able not only to enhance the Company's image, but to achieve a new level of communication with our target audience."

Oleg Kuzmin's biography

Oleg Kuzmin graduated from the department of political science of the faculty of law at PSU and obtained an Executive MBA degree at the Moscow International Higher Business School MIRBIS.

Mr. Kuzmin also has a degree in political science from Umea University (Sweden), a degree in political science and public relations from Central European University, and a degree from Baltic University (Finland) in sustainable development of the region. He is an active participant in a professional association, and also a full member of the European Association of Communication Directors. In 2006 and 2007, he was recognized as the best corporate communications director in the sphere of construction, according to Kommersant newspaper.

About CTC Media

CTC Media is a leading Russian independent media company, 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. Peretz is also available in Belarus and Kyrgyzstan. CTC Media also 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 additional information please contact our website www.ctcmedia.ru or: CTC Media, Inc. Investors Nickolai Ivanov +7 495 981 0740 ir@ctcmedia.ru Mass Media Igor Ivanov +7 (495) 785 63 47, ext. 4352, + 7 (985) 763 00 85 pr@ctcmedia.ru

Source:CTC Media, Inc.