OREANDA-NEWS. CTC Media, Inc. (NASDAQ: CTCM) will announce its financial results for the third quarter ended September 30, 2008 on Thursday, October 30, 2008 before U.S. market hours, reported the press-centre of CTC Media.

Senior management will host a conference call to discuss third quarter 2008 financial results on October 30, 2008 at 9:00 a.m. ET (4:00 p.m. Moscow time, 1:00 p.m. London Time). To access the conference call, please dial:

International: +1 973 582 2741

Russia:  810 800 2531 1012

Passcode: 67287873

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 Thursday, November 6, 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 67287873. A webcast of the conference call will be archived on the Company’s Web site for two weeks.