MAIL.L Regulatory News (MAIL)

Name of applicant:

Mail.ru Group Limited

Name of scheme:

Global Depositary Receipts ("GDRs") with one GDR representing one ordinary share in the Company

Period of return:

From:

09/05/2011

To:

11/11/2011

Balance of unallotted securities under scheme(s) from previous return:

The Balance of unalloted securities as of 09/05/2011 was 36,135,295 GDRs.

Plus:  The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):

0

Less:  Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

10,876,059

Equals:  Balance under scheme(s) not yet issued/allotted at end of period:

25,259,236

Name of contact:

Matthew Hammond

Telephone number of contact:

+971 443 484 22