Abh holdings corp - see footnotes investment history in Ctc media inc

Filed on 2006-12-29 by Abh Holdings Corp SEC CIK 1363811 Form 4

Accession 0001209191-06-067339.txt Sec File: edgar/data/1363811/0001209191-06-067339-index.htm

2006-12-27 Abh Holdings Corp (CIK 1363811) through See Footnotes

Invested in Ctc Media Inc sold 9167464 shares remaining shares owned 30381432

Common Stock Ctc Media Inc Ctcm Transaction code: J Other acquisition or disposition (transaction described in footnotes)

f1 the 9,167,464 shares are owned directly by alfa ctc holdings limited ("alfa ctc"). abh holdings sold alfa ctc to alfa finance holdings s.a. pursuant to the terms and conditions of a share purchase agreement between abh holdings and alfa finance holdings s.a.
f2 abh holdings did not sell directly the 9,167,464 shares but sold alfa ctc, which holds the shares directly. the purchase price for the sale of alfa ctc, whose assets include the 9,167,464 shares, was us$233,953,681.20.
f3 the 30,381,432 shares of common stock, par value $0.01 per share of ctc media, inc. (the "shares") are owned directly by alfa capital holdings (cyprus) limited ("alfa capital holdings"). alfa capital holdings is a direct wholly owned subsidiary of abh financial limited, which is 100% owned by abh holdings corp. ("abh holdings").