OREANDA-NEWS.    With the publication of the 2012 annual report and Q1 revenue update on April 25th, 2013, Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as "the Company" or "the Group"), announced that the Board of Directors of the Company had approved a GDR buying programme of up to USD 30m for the Employee Benefit Trust (the "EBT").

This buying programme was started on Friday, June 21st 2013 and ended on December 20th, 2013. In that period the Group spent USD 14.6m buying 414,261 GDR's at an average price of USD 35.28.

With the publication of the 2013 preliminary FY 2013 on February 20th, 2014, the Company announced that its the Board of Directors had approved a further USD 45m GDR buying programme for the EBT.
The Company announces today that this buying programme was started today, March 18, 2014.