Investor Presentaiton

Digital Television: Media JV with VGTRK TOP-11 Digital Holdings in Russia Monthly audience reach Rostelecom Rostelecom Mail.Ru Group 36 mln 67% Portfolio with 18 thematic owns 41% share in JV Yandex 35 mln 64% channels Google Sites 33 mln 62% Digital Television 28 mln 53% Expansion to Latin America, India & China Rambler&Co 20 mln 38% Wikimedia 19 mln 36% Facebook 17 mln 32% Avito 16 mln 29% Leading content provider in Russia with international presence Alibaba Group 14 mln 26% Gzprom Media 13 mln 25% Monthly Audience Reach in Pay TV, % (Russia 4+) 33,7 Gismeteo.ru 11 mln 20% 8,2 Source: TNS 01.2013 05.2013 09.2013 01.2014 05.2014 09.2014 01.2015 08.2015 15

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