OREANDA-NEWS. CTC Media, Inc. (NASDAQ: CTCM) will announce its financial results for the second quarter ended June 30, 2008 on Tuesday, July 29, 2008 before U.S. market hours, reported the press-centre of CTC.

Senior management will host a conference call to discuss second quarter 2008 financial results on July 29, 2008 at 9:00 a.m. ET (5:00 p.m. Moscow time, 2:00 p.m. London Time). To access the conference call, please dial:

International: +1 973 582 2741

Russia: 8108 002 531 1012

Passcode: 55184319

A live webcast of the conference call will be available on the Company's corporate Web site at www.ctcmedia.ru/investors.

A replay of the conference call will be available through Tuesday, August 5, 2008 at midnight ET. The replay can be accessed by dialing +1 706 645 9291 or +1 800 642 1687. The passcode for the replay is 55184319. A webcast of the conference call will be archived on the Company’s Web site for two weeks.