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 19 March 2019 Jan G.C.M. Buné, Independent Director of the Company and PDMR, sold 1,000 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

 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

 Sale of 1,000 Regulation S Global Depositary Receipts (ISIN:   US5603172082, Common Code: 055222126)

c)

 Price(s) and   volume(s)

 Price(s)

 Volume(s)

 $25.00

 1,000

d)

 Aggregated   information

 - Aggregated      volume

 - Price

 

 1,000

 $25.00

e)

 Date of the   transaction

 2019-03-19 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