X0202 4 2006-12-27 0 0001354513 CTC Media, Inc. CTCM 0001382869 ABH Financial LTD GENEVA PLACE, 2ND FLOOR, 333 WATERFRONT DRIVE, ROAD TOWN, TORTOLA D8 D8 VIRGIN ISLANDS, BRITISH 0 0 1 0 Common Stock 2006-12-27 4 J 0 9167464 2.60 D 30381432 I See Footnote These 9,167,464 shares of common stock, par value $0.01 per share of CTC Media, Inc. were transferred by Alfa Capital Holdings (Cyprus) Limited by way of dividend to its parent company ABH Financial Limited. These 30,381,432 shares of common stock, par value $0.01 per share of CTC Media, Inc. are owned directly by Alfa Capital Holdings (Cyprus) Limited, a direct wholly owned subsidiary of ABH Financial Limited. /s/ Pavel Nazarian 2006-12-29