15 April 2008, Moscow

Media3 company presented 2007 financial results on press-conference in Moscow on 15th April 2008. Considering consolidated income the company became leading private media holding of the country. The company representatives – closed joint-stock Media3 company General director Aleksander Strakhov, closed joint-stock Media3 company Deputy General Manager for Content Vladimir Borodin and share-holders representative, “PromSvyazKapital” Group President and Media3 board director Pavel Hohriakov – described new media market brand birth, assets structure under the company’s management and presented financial results of Media3 holding activities 2007.

Considering print run (11.8 million copies according to 2007 final quarter data), Media3 holding is print media market leader today. It is also on leading position on free of charge advertising newspapers market and the largest print and publishing complex of the country. Media3 is second on press distribution market.

“Every business direction is profitable for Media3 company, and united assets make added value integral chain in conditions when editorials create unique content, publishing offices print not only own but major part of Central region newspapers and magazines, distribution network distribute own and third-party print media. This integral added value model guarantees the marketability of share-holders investments both in whole Group and in each of its branches” – Aleksander Strakhov said.

Company’s consolidated income under Media3 management increased on 26% in 2007 and reached 11.9 milliard rubles. EVITDA increased on 26% - it amounts 1.6 milliard rubles. In 2007 media holding companies’ net profit was 700 million rubles; it’s 49% more than in 2006.

EBITDA profitability is 13.3% and net profit reliability is 5.93%.