Announcement of Resolution Disapplication

16 April 2013 For immediate release

MAIL.RU GROUP LIMITED

Announcement of Resolution Disapplication

Dubai, April 16, 2013. Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as "the Company" or "the Group"). Pursuant to the Articles of Association of the Company a written resolution has been passed on April 15, 2013 by members of the Company holding shares which represent at least 75% of the total number of votes attached to the issued and outstanding shares. The resolution has been filed on the National Storage Mechanism appointed by the Financial Services Authority and can be accessed at http://www.hemscott.com/nsm.do.

Investor Relation Contacts:

Matthew Hammond

Managing Director Mail.Ru Group

Phone: +971 505 56 1315

E-mail: [email protected]

Press Contacts:

Ksenia Chabanenko

Phone: +7 916 0906626

E-mail: [email protected]

About Mail.Ru Group Limited

Mail.Ru Group (LSE:MAIL, listed since November 5, 2010) is a leading Internet company in the high-growth Russian-speaking Internet markets (Russia is Europe's largest Internet market measured by number of users, comScore). Mail.Ru Group's sites reach approximately 85% of Russian Internet users on a monthly basis (comScore, December 2012) and the Company is in the TOP-5 largest Internet business, based on the number of total pages viewed (comScore, December 2012).

In line with the Communitainment (Communications + Entertainment) strategy the Company is moving rapidly to build an integrated communication and entertainment platform. The Company operates two of the three largest Russian language online social networking sites (Odnoklassniki and Moi Mir (or "My World")). The Company also operates the two largest Instant Messaging networks in Russia (Mail.Ru Agent and ICQ), Russia's leading email service and Russia's largest Internet portal Mail.ru, and the Company operates Russia's largest online games platform.

The Company holds strategic minority equity stakes in VKontakte (39.99%) and Qiwi, formerly OE Investments (21.35%). The Company also holds small minority stakes in international Internet companies including Facebook, and a number of small venture capital investments in various Internet companies in Russia and Ukraine.