Notice of FY 2015 Trading Update

4 February 2016 For immediate release

MAIL.RU GROUP LIMITED

Notification of FY 2015 trading update and Conference Call

MAIL.RU GROUP LIMITED ("Mail.ru Group" or the "Company") will release its trading update for the full year ended 31 December 2015, before market opens, on Friday 26 February 2016.

The management team will host an analyst and investor conference call at 9.00 UK time (12.00 Moscow time), on Friday 26 February 2016, including a Question and Answer session.

To participate in this conference call, please use the following access details:

Ends

For further information please contact:

Investors:

Matthew Hammond

Mail.Ru Group

Phone: +971 505 56 1315

E-mail: [email protected]

Press

Madina Tayupova

Phone: +7 926 510 50 21

E-mail: [email protected]

About Mail.Ru Group

Mail.Ru Group (LSE:MAIL, listed since November 5, 2010) is a leading Internet company in Europe and the largest Internet business globally, based on the average minutes per visitor (comScore, top 100 properties, December 2015, worldwide).

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 business. The Company's portfolio also includes Mail.Ru Agent and ICQ - two instant messaging services popular in Russia and the CIS.

The Company holds a minority equity stake in Qiwi (1.31%) and a number of small venture capital investments in various Internet companies in Russia, Ukraine and Israel. In November 2013, the Company launched My.com in the US followed by the worldwide launch to provide communication and entertainment products and services.