X0202 4/A 2006-06-06 2006-06-08 0 0001354513 CTC Media, Inc. CTCM 0001363811 ABH Holdings CORP GENEVA PLACE, 2ND FLOOR 333 WATERFRONT DRIVE, ROAD TOWN, TORTOLA D8 D8 VIRGIN ISLANDS, BRITISH 0 0 1 0 0001260816 ALFA CAPITAL HOLDING CYPRUS LTD THEMISTOKLI DERVI 5, ELENION BUILDING, 2ND FLOOR, NICOSIA G4 1066 CYPRUS 0 0 1 0 0001382868 Alfa CTC Holdings LTD THEMISTOKLI DERVI 5, ELENION BUILDING, 2ND FLOOR, NICOSIA G4 1066 CYPRUS 0 0 1 0 0001382869 ABH Financial LTD P.O. BOX 3339, GENEVA PLACE, 2ND FLOOR, 333 WATERFRONT DRIVE, ROAD TOWN TORTOLA D8 D8 VIRGIN ISLANDS, BRITISH 0 0 1 0 Common Stock 2006-06-06 4 C 0 33341600 A 43860000 I See Footnotes Common Stock 2006-06-06 4 S 0 4311104 13.28 D 39548896 I Held by its indirect wholly owned subsidiary Alfa Capital Holdings (Cyprus) Limited. Superior Senior Preferred 2006-06-06 4 C 0 41677 D Common Stock 33341600 0 I Held by its indirect wholly owned subsidiary Alfa Capital Holdings (Cyprus) Limited. Immediately prior to the closing of the initial public offering of the Issuer's Common Stock, each outstanding share of Preferred Stock was automatically converted into 800 shares of the Issuer's Common Stock. Includes 10,518,400 shares of Common Stock indirectly held by ABH Holdings Corporation prior to the transaction reported. Alfa Capital Holdings (Cyprus) Limited ("Alfa Capital") is a direct wholly owned subsidiary of ABH Financial Limited ("ABH Financial"), which is a direct wholly owned subsidiary of ABH Holdings Corp. Immediately prior to the closing of the initial public offering of the Issuer's Common Stock, Alfa Capital directly held 6,207,296 common shares and 41,677 preferred shares of the Issuer. Alfa Capital disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose Jaystone Limited (now known as Alfa CTC Holdings Limited) ("Alfa CTC") is a direct wholly owned subsidiary of ABH Holdings. As of the registration of the Issuer's Common Stock, Alfa CTC directly held 4,311,104 shares of Common Stock, which Alfa CTC sold in the initial public offering of the Issuer. Alfa CTC disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. Held by its wholly owned indirect subsidiary Alfa Capital Holdings (Cyprus) Limited and its direct wholly owned subsidiary Jaystone Limited (now known as Alfa CTC Holdings Limited) /s/ Pavel Nazarian 2006-12-29 /s/ Andriy Glavatskyy 2006-12-29 /s/ Maria Pitta 2006-12-29 /s/ Pavel Nazarian 2006-12-29