Digital Sky Technologies (“DST”) Acquires Full Control in Odnoklassniki.ru and Exits Nasza-Klasa.pl

DST also completes deal with Naspers and assumes control of Mail.ru

MOSCOW--()--Digital Sky Technologies (“DST”), one of the largest internet companies in the Russian-speaking markets announces today that it has acquired full control of Odnoklassniki.ru by buying out the minority shareholders in Forticom Group Limited (FGL) and Odnoklassniki. As a part of the transaction, FGL, now fully owned by DST, has transferred its interest in the Polish social network Nasza-Klasa.pl to the previous minority shareholders of Forticom.

DST also confirms that, further to its announcement of 14 July 2010, the deal with Naspers Limited has been completed. DST has now assumed control of over 99.9% of Mail.ru. Mail.ru is the leading communication and entertainment platform in the Russian-speaking internet world, with over 50m registered email accounts, leading market share in MMO games and one of the leading social networks in Russia.

About Digital Sky Technologies

DST was founded in 2005 and is one of the largest internet companies in the Russian-speaking markets and one of the leading investment groups globally to exclusively focus on internet related companies. DST also holds stakes in internet world leaders such as Facebook, Zynga and Groupon. DST is a privately held company backed by leading international financial institutions and companies.

For more information please visit http://www.dst-global.com.

Contacts

For DST enquiries, please contact Financial Dynamics:
International
James Melville-Ross / Matt Dixon +44 20 7831 3113
or
Russia
Leonid Solovyev +7 495 795 06 23

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Contacts

For DST enquiries, please contact Financial Dynamics:
International
James Melville-Ross / Matt Dixon +44 20 7831 3113
or
Russia
Leonid Solovyev +7 495 795 06 23