| Legal Notice 0 Forward-Looking Statements: The matters to be discussed during this presentation as well as certain statements in this presentation that are not based on historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can, in some cases, be identified by the use of terms such as “may,” “will,” “should,” “could,” “would,” “intend,” “expect,” “plan,” “anticipate,” “believe,” “estimate”, “predict,” “project,” “potential,” or “continue” or other comparable terminology. Actual results may differ materially from the results predicted as a result of such risks and uncertainties, and reported information should not be considered as an indication of future performance. Such forward-looking statements include, among others, statements regarding expected growth of our audience share; our expectations to perform in-line with market growth; expected CAGR and volume of Russian TV advertising market; expected growth of CAGR of CTC International’s subscribers; expected TV advertising market growth in Russia, expected advertising spend as per cent of GDP in Russia; our plans to improve audience quality, plans to expand footprint in Russia; expected growth of TV advertising market in Kazakhstan, plans to expand our presence in the CIS countries, Europe and North America; plans to launch operations in Australia and New Zealand; plans regarding digitalization, such as to enter the second multiplex; our intensions to pay dividends in 2011; the expected amount of internet users in Russia, amount of internet penetration rate in Russia, amount of connected TV devices, amount of mobile internet users, expected growth of Videomore audience, expected growth of connected TV in Russia, expected launch of CTC, DTV and Domashny mobile applications and etc. These statements reflect the Company’s current expectations concerning future results and events. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of CTC Media to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The potential risks and uncertainties that could cause actual future results to differ from those expressed by forward-looking statements include, among others, the implementation of recent Russian legislation that will change the structure of the Russian television advertising sales market; resulting changes to the structure of the Company’s sale of television advertising and its relationship with Video International; the Company’s ability to successfully implement its own internal sales house function and to achieve advertising sales comparable to or greater than those historically achieved by Video International as the Company’s sales house; developments in the value of the Russian ruble compared to the US dollar; changes in the size of the Russian television advertising market; the Company’s ability to deliver audience share, particularly in primetime, to its advertisers; free-to-air television remaining a significant advertising forum in Russia; and restrictions on foreign involvement in the Russian television business. These and other risks are described in the “Risk Factors” sections of CTC Media’s annual report on Form 10-K for FY 2010 filed with SEC on March 01, 2011. Other unknown or unpredictable factors could have material adverse effects on CTC Media’s future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed herein may not occur. You are cautioned not to place undue reliance on these forward-looking statements. CTC Media does not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise. Non-GAAP Financial Measures: This presentation may also refer to non-GAAP financial measures. Reconciliations of our non-GAAP measures to the GAAP measures we consider most comparable are included in this presentation, which can be accessed through our website at http://www.ctcmedia.ru/investors/Capital_Markets_Day/ |
