X0202 4 2007-09-12 0 0001354513 CTC Media, Inc. CTCM 0001363388 Lakhani Nilesh C/O CTC MEDIA, INC. PRAVDA STREET, 15A MOSCOW, RUSSIA 125124 0 1 0 0 Chief Financial Officer Common Stock 2007-09-12 4 M 0 6388 3.98 A 6388 D Common Stock 2007-09-12 4 M 0 21112 16.95 A 27500 D Common Stock 2007-09-12 4 S 0 176 24.09 D 0 D Common Stock 2007-09-12 4 S 0 524 24.10 D 0 D Common Stock 2007-09-12 4 S 0 1100 24.11 D 0 D Common Stock 2007-09-12 4 S 0 500 24.12 D 0 D Common Stock 2007-09-12 4 S 0 600 24.13 D 0 D Common Stock 2007-09-12 4 S 0 1000 24.14 D 0 D Common Stock 2007-09-12 4 S 0 1523 24.15 D 0 D Common Stock 2007-09-12 4 S 0 500 24.16 D 0 D Common Stock 2007-09-12 4 S 0 77 24.17 D 0 D Common Stock 2007-09-12 4 S 0 1500 24.18 D 0 D Common Stock 2007-09-12 4 S 0 1100 24.19 D 0 D Common Stock 2007-09-12 4 S 0 800 24.20 D 0 D Common Stock 2007-09-12 4 S 0 1300 24.21 D 0 D Common Stock 2007-09-12 4 S 0 1730 24.22 D 0 D Common Stock 2007-09-12 4 S 0 1097 24.23 D 0 D Common Stock 2007-09-12 4 S 0 1870 24.24 D 0 D Common Stock 2007-09-12 4 S 0 4100 24.25 D 0 D Common Stock 2007-09-12 4 S 0 1003 24.26 D 0 D Common Stock 2007-09-12 4 S 0 1000 24.27 D 0 D Common Stock 2007-09-12 4 S 0 600 24.28 D 0 D Common Stock 2007-09-12 4 S 0 300 24.30 D 0 D Common Stock 2007-09-12 4 S 0 400 24.31 D 0 D Common Stock 2007-09-12 4 S 0 400 24.32 D 0 D Common Stock 2007-09-12 4 S 0 200 24.33 D 0 D Common Stock 2007-09-12 4 S 0 200 24.34 D 0 D Common Stock 2007-09-12 4 S 0 500 24.38 D 0 D Common Stock 2007-09-12 4 S 0 300 24.43 D 0 D Common Stock 2007-09-12 4 S 0 600 24.44 D 2500 D Stock option (right to buy) 3.98 2007-09-12 4 M 0 6388 0 A 2014-11-01 Common stock 6388 25108 D Stock option (right to buy) 16.95 2007-09-12 4 M 0 21112 0 A 2016-06-01 Common stock 21112 632989 D The reported sale was effected by a broker transaction pursuant to instructions set forth in the Rule 10b5-1 trading plan adopted by the reporting person. The option was granted on November 1, 2004 for 301,280 shares of common stock. 33.33% of the shares vested on November 1, 2005, and an additional 8.33% vested on January 1, 2006 with the remaining shares vesting as to an additional 8.33% every three months thereafter until October 31, 2007. The option was granted on June 1, 2006 for 751,426 shares of common stock. 375,713 of the shares subject to the option vest over a three-year period with 10,437 of the shares vesting on June 30, 2006, and an additional 8% of such shares vesting every three months thereafter until May 31, 2009. An additional 375,713 of the shares subject to the option vest over a four-year period with 7,828 of the shares vesting on June 30, 2006, and an additional 6% of such shares vesting every three months thereafter until May 31, 2010. /s/ Nilesh Lakhani 2007-09-13