22.09.2017

Mail.Ru Group Limited Person Discharging Managerial Responsibilities ('PDMR') Shareholding

Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as the 'Company' or the 'Group') announces that it was notified that on 19 September 2017 Matthew Hammond, Managing Director of the Company and PDMR, sold 99,487 Global Depositary Receipts ('GDRs') representing the Company's ordinary shares admitted to trading on the London Stock Exchange (ISIN US5603172082, Common Code: 055222126).

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of a transaction by PDMR:

1.

Details of PDMR/PCA

a)

Name

Matthew Hammond.

b)

Position / status

Managing Director.

c)

Initial notification / amendment

Initial notification.

2.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Global Depositary Receipts representing the Company's ordinary shares.

b)

Nature of the transaction

Sale of 99,487 Regulation S Global Depositary Receipts (ISIN: US5603172082, Common Code: 055222126)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

32.30

250

32.30

139

32.27

200

32.27

186

32.27

250

32.27

12

32.30

212

32.32

62

32.32

59

32.32

16

32.32

68

32.32

288

32.29

258

32.28

97'487

d)

Aggregated information

- Aggregated volume

- Price

99,487

$32.280279

e)

Date of the transaction

2017-09-19 UTC.

f)

Place of the transaction

London IOB.

For Further Information Please Contact:

Investors
Matthew Hammond
E-mail: hammond@corp.mail.ru

Press
George Lobushkin
E-mail: g.lobushkin@corp.mail.ru

About Mail.Ru Group

Mail.Ru Group, international brand My.com (MAIL:LI, listed since November 5, 2010) is the largest internet business in Russia, based on mobile daily audience (TNS Mobile Index, population aged 12-64 in the cities 700 000+, June 2017, Russia).

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, including such gaming titles as Warface, Armored Warfare, Skyforge and Perfect World. The сompany's portfolio also includes a leading OpenStreetMap-based offline mobile maps and navigation service MAPS.ME, auto classifieds service Am.ru, instant messaging services ICQ, Agent Mail.Ru and TamTam, a mobile location based marketplace Youla, and a ride-sharing service BeepCar.

The Company owns 100% of mobile games developer Pixonic, and 100% of Delivery Club and ZakaZaka, two largest food delivery companies in Russia. Mail.Ru Group also holds equity stakes in a number of small venture capital investments in various Internet companies in Russia, Ukraine and Israel.

mail.ru Group Ltd. published this content on 22 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 September 2017 16:14:03 UTC.

Original documenthttps://corp.mail.ru/en/press/releases/10112/

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