X0303 4 2009-05-22 0 0001354513 CTC Media, Inc. CTCM 0001363810 Albrecht Hans-Holger C/O MODERN TIMES GROUP SKEPPSBRON 18 PO BOX 2094 STOCKHOLM V7 SE-103 13 SWEDEN 1 0 0 0 Common Stock 2009-05-22 4 P 0 32600 9.74 A 32600 D Common Stock 60008800 I By MTG Russia AB The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ Hans-Holger Albrecht 2009-05-29