Q3 2014 Trading Update and Confere

13th October 2014 For immediate release

MAIL.RU GROUP LIMITED

Notification of Q3 2014 Trading Update and Conference Call

Dubai, UAE - MAIL.RU GROUP LIMITED ("Mail.ru Group" or the "Company") will release its Q3 2014 revenue update for the period ended 30 September 2014, before market opens, on Thursday, 23rd October 2014.

The management team will host an analyst and investor conference call at 14.30 UK time (17.30 Moscow time, 09.30 US EDT), on Thursday, 23rd October 2014, 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:

Ksenia Chabanenko

Phone: +7 916 0906626

E-mail: [email protected]

About Mail.Ru Group

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 the number of users, comScore). Mail.Ru Group's sites reach approximately 94% of Russian Internet users on a monthly basis (comScore, December 2013) and the Company is the fifth largest Internet business globally, based on the total time spent (comScore, December 2013).

In line with the "communitainment" (communication plus entertainment) strategy, the Company is moving rapidly to build an integrated communications and entertainment platform. The Company owns Russia's leading email service and Russia's largest internet portal, Mail.Ru (TNS, all Russia, age 12-64, December 2013). The Company operates two of the three largest Russian language social networks, 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 CIS.

The Company holds an equity stake in Qiwi (1.31%). The Company also holds a number of small venture capital investments in various Internet companies in Russia, Ukraine and Israel.