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Notice of Results

26th Aug 2011 17:47

RNS Number : 1595N
Mail.ru Group Limited
26 August 2011
 



 

26 August 2011 For immediate release

 

 

MAIL.RU GROUP LIMITED

 

Notification of Half Year 2011 Results

and Conference Call

 

 

London / Moscow - MAIL.RU GROUP LIMITED ("Mail.ru Group" or the "Company") will release, before market opens on Wednesday 31 August 2011, its results for the half year ended 30 June 2011.

 

The Mail.ru Group management team will host an analyst conference call at 14.00 UK time (17.00 Moscow time, 9.00 U.S. Eastern Daylight Time), on Wednesday 31 August 2011, including a Question and Answer session.

 

Presentation slides will be available on the Mail.ru Group's website prior to the conference call.

 

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

 

 

Confirmation Code:

 

4057488

Participant Toll Free Telephone Numbers:

From Russia

810 800 2503 1012

From the UK

0800 279 9640

From the US

1866 850 2201

 

 

For further information please contact:

 

Matthew Hammond

Managing Director

Phone: +971 505 56 1315/+44 7711 624 679

Financial Dynamics

 

London

+44 (0)20 7831 3113

Moscow

+7 495 795 06 23

James Melville-Ross

Oleg Leonov

Charles Palmer

Olga Terebova

Jon Snowball

Emma Appleton

 

About Mail.ru

 

Mail.ru Group is one of the largest Internet companies in the high-growth Russian-speaking Internet market. Mail.ru Group's sites reach approximately 70 per cent of Russian Internet users on a monthly basis and the Company is the world's seventh largest Internet business, based on page viewsi. Russia is today Europe's second largest Internet market measured by number of usersii.

 

The origins of the Company date back to 1998 and since its formation as a group in 2005, and particularly since the end of 2008, the Company has moved rapidly to build an integrated communication and entertainment platform that allows it to attract and monetise one of the largest daily Internet audiences in the Russian speaking world. The Company, which is incorporated in the British Virgin Islands, operates two of the threeiii largest Russian language online social networking sites (Odnoklassniki and Moi Mir (or "My World")). The Company also operates the two largest Instant Messaging ("IM") networks in Russia (Agent and ICQ), Russia's leading email service and Russia's second largest Internet portal based on daily and monthly unique users (Mail.ru), and the Company operates Russia's largest online games platform.

 

The Company holds strategic minority equity stakes in vKontakte and Qiwi (formerly OE Investments). It holds a 39.99 per cent stake in vKontakte, Russia's largest social networking site measured by daily unique users, and it holds a 21.4 per cent interest in Qiwi, one of Russia's leading payment processing companies. The Company also holds small minority stakes in international Internet companies including Facebook, Zynga and Groupon as well as a number of small venture capital investments in various Internet companies in Russia and Ukraine.

 

 

i Source: comScore

ii J'Son & Partners (September 2010)

iii Based on monthly unique users. Source: TNS Gallup

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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