X0202 3 2006-05-31 0 0001354513 CTC Media, Inc. CTCM 0001363384 Khanumyan Vladimir C/O CTC MEDIA, INC. PRAVDA STREET, 15A MOSCOW 1Z RUSSIAN FEDERATION 0 1 0 0 Chief Operating Officer Stock Option (right to buy) 3.98 2015-04-28 Common Stock 376604 D The option is exercisable in 13 installments, with 94,148 exercisable on September 16, 2005 and the subsequent twelve equal installments becoming exercisable on the last day of every quarter thereafter to September 30, 2008. The option is currently vested as to 141,224 shares. Exhibit list ------------ Exhibit 24 - Power of Attorney /s/ Leigh Sprague, Attorney-in-fact 2006-05-31