Person Discharging Managerial Responsibilities (“PDMR”) Shareholding

7 March 2019. Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as the “Company" or the “Group") announces that it was notified that (a) on 1 and 4 March 2019 Matthew Hammond, Managing Director of the Company and PDMR sold respectively 75,000 and 25,000 Global Depositary Receipts (“GDRs”) representing the Company’s ordinary shares admitted to trading on the London Stock Exchange (ISIN US5603172082, Common Code: 055222126), and (b) on 6 March 2019 Jan G.C.M. Buné, Independent Director of the Company and PDMR, acquired 2,500 GDRs representing the Company’s ordinary shares admitted to trading on the London Stock Exchange (ISIN US5603172082, Common Code: 055222126) under the Company's 2015 Restricted Stock Unit Plan.

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 75,000  Regulation S Global Depositary Receipts (ISIN:   US5603172082, Common Code: 055222126)

c)

 Price(s) and   volume(s)

 Price(s)

 Volume(s)

 24.32841

 50,000

 24.082296

 25,000

 

d)

 Aggregated   information

 - Aggregated 
   volume
 - Price

 

 75,000 

 $24.205353

e)

 Date of the   transaction

 2019-03-01 UTC.

f)

 Place of the   transaction

 London IOB

3.

 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 25,000  Regulation S Global Depositary Receipts (ISIN:   US5603172082, Common Code: 055222126)

c)

 Price(s) and   volume(s)

 Price(s)

 Volume(s)

 24.8873296

 25,000

 

d)

 Aggregated   information

 - Aggregated
   volume

 - Price

 

 25,000

 $24.8873296

e)

 Date of the   transaction

 2019-03-04 UTC.

f)

 Place of the   transaction

 London IOB

 

 1.

 Details of PDMR/PCA

a)

 Name

 Jan G.C.M. Buné.

b)

 Position /
 status

 Independent 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 2,500 Regulation S Global Depositary Receipts (ISIN:   US5603172082, Common Code: 055222126) under the Company's   2015 Restricted Stock Unit Plan

c)

 Price(s) and   volume(s)

 Price(s)

 Volume(s)

 Nil consideration

 2,500

 

d)

 Aggregated   information

 - Aggregated
   volume

 - Price

 N.A.

e)

 Date of the   transaction

 2019-03-06 UTC.

f)

 Place of the   transaction

 Outside a trading venue.

 

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