MAIL.L Regulatory News (MAIL)

15 May 2013

MAIL.RU GROUP LIMITED

Notice of additional candidate nominated as Elected Director

Mail.Ru Group Limited ("Mail.Ru Group" or the "Company") hereby announces that, further to the notice relating to the Annual General Meeting released on 7th May 2013, Verdi Israelyan has also been nominated as a proposed director in accordance with clause 10.4 of the Company's Articles of Association.

Investor Relations Contacts:

Matthew Hammond

Managing Director Mail.Ru Group

Phone: +971 505 56 1315

Email: hammond@corp.mail.ru

Press Contacts:

Ksenia Chabanenko

Phone: +7 916 090 6626

Email: ks@corp.mail.ru

About Mail.Ru Group

Mail.Ru Group (LSE:MAIL, listed since 5th November 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 85% of Russian Internet users on a monthly basis (comScore, December 2012) and the Company is in the TOP 5 largest Internet businesses globally, based on the number of total pages viewed (comScore, December 2012).

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 2012). The Company operates two of the three largest Russian language social networks, Odnoklassniki (OK) and Moi Mir (My World), and Russia's largest online game business. The Company's portfolio also includes Mail.Ru Agent and ICQ - two instant messaging services popular in Russia and CIS.

The Company holds minority equity stakes in VKontakte (39.99%) and Qiwi, formerly OE Investments (15.5%). The Company also holds a small minority stake in Facebook (14.2m shares), and a number of small venture capital investments in various Internet companies in Russia and Ukraine.