Global Depositary Receipts Dealing

MAIL.RU GROUP LIMITED

Global Depositary Receipts Dealing

23 May 2018. MAIL.RU GROUP LIMITED (the "Company") announces that Boris Dobrodeev, Chief Executive Officer (Russia), has acquired in the market, 40,000 Global Depositary Receipts representing the Company's ordinary shares admitted to trading on the London Stock Exchange (ISIN US5603172082, Common Code: 055222126) on 21st May 2018 at an average price of $26.84 per GDR.

For further information please contact:

Investors

Matthew Hammond

Phone: +971 505 56 1315

E-mail: [email protected]

Press

Olga Zyryaeva

Phone: +7 909 974 5996

E-mail: [email protected]

About Mail.Ru Group

Mail.Ru Group, international brand My.com (MAIL.IL, listed since November 5, 2010) is the largest internet business in Russia in terms of mobile daily audience (Mediascope Mobile Index, population aged 12-64 in the cities 100,000+, August 2017, Russia).

In line with the communitainment (communication plus entertainment) strategy, the company is developing an integrated communications and entertainment platform. The company owns Russia's leading email service and one of Russia's largest internet portals, Mail.Ru. The company operates three of the major Russian language social networks, VKontakte (VK), Odnoklassniki (OK) and Moi Mir (My World), and Russia's largest online games, including such gaming titles as Warface, Armored Warfare, Skyforge and Perfect World. The сompany's portfolio also includes a leading OpenStreetMap-based offline mobile maps and navigation service MAPS.ME, auto classifieds service Am.ru, instant messaging services ICQ, Agent Mail.Ru and TamTam, a mobile location based marketplace Youla, and a ride-sharing service BeepCar.

The Company owns 100% of mobile games developer Pixonic, and 100% of Delivery Club and ZakaZaka, two largest food delivery companies in Russia. Mail.Ru Group also holds equity stakes in a number of small venture capital investments in various Internet companies in Russia, Ukraine and Israel.