Item 5.02(b). Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Alexander E. Rodnyansky, former Chief Executive Officer and President of CTC Media, was appointed to the Board of Directors of CTC Media effective November 2008. Pursuant to his Amended and Restated Employment Agreement dated as of October 8, 2008, as further amended, Mr. Rodynyasky agreed that his irrevocable resignation from the Board of Directors would be effective upon the earliest to occur of several events, including the date 90 days following receipt of written notice from Alfa CTC Holdings Limited ("Alfa") or MTG Russia AB ("MTG"), the principal stockholders of the Company, stating that either or both of Alfa and MTG no longer support his remaining a member of the Board of Directors. Alfa and MTG provided such notice to Mr. Rodnyansky on November 9, 2009. Accordingly, Mr. Rodnyansky's resignation from the Board of Directors will be effective by no later than February 7, 2010.

Item 8.01. Other Events.

On November 9, 2009, CTC Media filed civil complaints in New York state court and the Delaware chancery court against Alexander E. Rodnyansky, the Company's former Chief Executive Officer and President and a member of the Company's Board of Directors.

CTC has become aware that Mr. Rodnyansky has been actively involved in the business of one of the Company's competitors in Russia, in breach of his contractual obligations to the Company, as well as his fiduciary duties as a director of the Company.

A copy of the Company's press release regarding these lawsuits is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

99.1 Press release dated November 9, 2009, relating to the filing of lawsuits by the Company against Alexander Rodnyansky, the Company's former Chief Executive Officer and President and a member of the Board of Directors.

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