CTC Media Inc.

Mr Rodnyansky has been with CTC Media since 2002 and was appointed President in 2004. He also served as Chief Executive Officer of the company from 2004 to August 2008. Prior to joining the company, Mr Rodnyansky served as the General Director of 1+1 from 1996 through 2002. Previously, he was an independent documentary and movie producer in Russia and the Ukraine for nearly 20 years. Mr Rodnyansky has received numerous international movie awards and was the co-producer of films nominated for Academy Awards in 1996 and 1999. He has served as the President of the Ukrainian TV Academy, the Secretary of the Board of the Ukrainian Union of Moviemakers, a member of the Russian Academy of Movie Arts and of the Russian TV Academy, and an Associate Member of the International Council of the National TV Academy (USA).

Mr Albrecht has been a member of the Board of Directors since July 2002 and was appointed Co-Chairman in December 2003. He is president and CEO of Modern Times Group MTG AB, a publicly listed television and media group based in Sweden. An affiliate of MTG is one of CTC Media’s principal stockholders. Mr Albrecht joined MTG in 1997 and has served as its president and CEO since August 2000. Prior to joining MTG, Mr Albrecht worked for Daimler-Benz and for the CLT media group in Luxembourg, where he had responsibility for SuperRTL and CLT’s Digital-TV project, as well as for all television activities and development in Germany and Eastern Europe. Mr Albrecht also serves as a director of EM.TV, a German listed company. Hans-Holger graduated with a Doctorate in Law from the University of Bochum in Germany.

Mr Aven has been a member of the Board of Directors since July 2002 and was appointed Co-Chairman in December 2003. He is president of Alfa Bank, one of Russia’s largest commercial banks, where he is responsible for overall strategy and for relations with business and government leaders. An affiliate of Alfa Bank is one of CTC Media’s stockholders. Prior to joining Alfa Bank in 1994, Mr Aven was Minister of Foreign Economic Relations for the Russian Federation (1991 to 1992). He had previously worked at the International Institute for Applied Systems Analysis in Austria. Mr Aven is an internationally recognized economist and the author of works on econometrics and Russian agricultural reform. He holds a Ph.D. in Econometrics from Moscow State University. Mr Aven is chairman of the Board of Directors of Golden Telecom, Inc., a telecommunications company based in Russia. He is also a trustee of the Board of the Russian Economics School and serves on the Board of the Bolshoi Theater in Moscow.

Mr. Burdick has served as non-executive Chairman of the Board of Directors since March 2008, and has a director of the Company since December 2006. Mr. Burdick has an extensive background in telecommunications and media, with over 25 years experience in the industry. Until July 2005, he was Chief Executive Officer of HIT Entertainment Plc, a publicly listed provider of pre-school children’s entertainment. From 1996 to 2004, Mr. Burdick worked for Telewest Communications, the second largest cable television company in the United Kingdom, serving as Chief Financial Officer and Chief Executive Officer. In these roles, Mr. Burdick oversaw the financial and operational restructuring of Telewest and was responsible for leading and financing the acquisitions of a number of cable companies. Mr. Burdick has also held a series of financial positions with TimeWarner, US WEST and MediaOne, specializing in corporate finance, mergers and acquisitions, and international treasury. Mr. Burdick currently serves as a non-executive director and audit chairman of Singer and Friedlander, a UK merchant bank, owned by the Kaupthing Group, and as a non-executive director of Bally Total Fitness Holding Corporation, a commercial operator of fitness centers and CTC Media Inc., a Russian television network. Mr. Burdick holds a M.B.A. from University of California, Los Angeles and a B.A. in Economics from the University of California, Santa Barbara. Mr. Burdick is an independent director.

Mr Gradevik has been a member of the Board of Directors since July 2002. He joined Modern Times Group MTG AB, an affiliate of one of our principal stockholders, in May 2001 as a business development manager and is currently its director of business development, mainly responsible for mergers and acquisitions as well as international expansion in the television broadcasting sector having, inter alia, managed the execution of MTG’s investments in CTC Media, TV Prima (Czech Republic) and Nordic Betting Ltd. Prior to joining MTG, he was an investment manager at Spray Ventures, a Swedish venture capital firm focusing on the IT sector. From 1998 to 2000, Mr Gradevik worked as an investment banker at Merrill Lynch in London, specializing in mergers and acquisitions. He also previously worked as a diplomat for the Swedish Ministry of Foreign Affairs.

Mr Sysuev has been a member of the board of directors since October 2003. He is first deputy chairman of the board of directors of Alfa Bank, where he is responsible for the bank’s regional branch network and banking in the regions. An affiliate of Alfa Bank is one of our principal stockholders. Prior to joining Alfa Bank in 1999, Mr Sysuev held senior posts in the Russian Federation government. Under President Yeltsin, Mr Sysuev was First Deputy Head of the Presidential Administration (1998—99), Vice-Premier of the Federal Government and Minister of Labor and Social Development (1997—98). He previously served as Mayor of Samara (1992—97) and he also represented Russia in the Council of the European Congress of Local and Regional Government. In addition to his role at Alfa Bank, Mr Sysuev is president of the Board of Congress of Municipalities of Russia (since April 2000), a member of the Presidential Council for Local Government, and deputy chairman of the Presidential Committee for Literature and the Arts. He has published numerous articles on the structures of post-Soviet Russia.

Mr Basunia joined the Board of Directors in June 2006. Mr Basunia was a partner at PricewaterhouseCoopers L.L.P. for more than twenty years until his retirement in December 2005, working in London, Eastern Europe, the Middle East and, for eleven years, the Russian Federation. Mr Basunia has worked in audit and business advisory roles for banks and other financial institutions, assisting on a variety of issues such as strategy, profitability reviews, risk management and human resource policies. His role at PricewaterhouseCoopers included serving as chairman of the supervisory board for Eastern European operations and as chairman of the audit committee for more than ten years. Mr Basunia was also chairman of the regulatory group established by the principal international accounting firms in the Russian Federation. Mr Basunia is a fellow of the Institute of Chartered Accountants in England and Wales.

Mr Klatten joined the Board of Directors in June 2006. Mr Klatten has extensive experience in the media industry and is currently chairman of the management board of EM.TV AG, a German publicly traded media and marketing company focused on sports and entertainment. Early in his career, Mr Klatten joined Martin Brinkmann AG in 1977 as senior legal advisor. In 1984, he was appointed to the board of Martin Brinkmann, where he was responsible for marketing and one year later became chairman of that board. In 1988, Mr Klatten moved to become chief executive officer of the television channel Sat. 1. In 1994, he moved to Spiegel-Verlag as management executive in charge of markets and revenue. Ultimately, he assumed management of Spiegel TV and, in September 2000, he became the chairman of the board of directors of SpiegelNet AG. Mr. Klatten studied jurisprudence and began his career practicing law in Hamburg, Germany.