Mail.Ru Group closes acquisition of 100% of ESforce

Mail.Ru Group Limited (MAIL.IL, hereinafter referred to as "the Company" or "the Group"), one of the largest Internet companies in the Russian-speaking Internet market, today announces, following the announcement of the signing of the acquisition of 100% of ESforce on January 19th 2018, that the transaction has been closed on March 22nd 2018.

As in all previous acquisitions Mail.Ru Group will fully consolidate ESforce and will disclose all results on a pro-forma basis going forward to allow like-for-like comparison.

For Further Information Please Contact:

Matthew Hammond
Phone: +971 505 56 1315

Olga Zyryaeva
Phone: +7 909 974 5996