X0202 4 2006-06-06 0 0001354513 CTC Media, Inc. CTCM 0001363431 Petrov Sergey C/O CTC MEDIA, INC. PRAVDA STREET 15A MOSCOW 1Z 125124 RUSSIAN FEDERATION 0 1 0 0 Gen. Director, TV Station Grp Stock Option (Right to buy) 2006-06-06 4 A 0 70000 0 A Common Stock 70000 70000 D The exercise price per share will be equal to the average closing sale price of the Issuer?s common stock for the first twenty days that it is quoted on the NASDAQ National Market. The option vests over a four-year period, with the first installment vesting on June 30, 2006 and the remainder vesting in equal quarterly installments thereafter. Leigh Sprague, Attorney-in-fact 2006-06-06