Mail Ru : 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 22 May 2018 Matthew Hammond, Managing Director of the Company and PDMR, acquired 9,272 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 Acquisition of 9,272 Regulation S Global Depositary Receipts (ISIN: US5603172082, Common Code: 055222126)

c) Price(s) and volume(s)

Price(s) Volume(s) $27.0542 9,272

d) Aggregated information * Aggregated volume * Price 9,272 $27.0542

e) Date of the transaction 2018-05-22 UTC.

f) Place of the transaction London IOB.

For Further Information Please Contact:

Investors:

Matthew Hammond

Phone: +971 505 56 1315

E-mail: hammond@corp.mail.ru

Press:

Olga Zyryaeva

Phone: +7 909 974 5996

E-mail: o.zyryaeva@corp.mail.ru