<p align="left">MOSCOW and AMSTERDAM, the Netherlands, October 25, 2019 (GLOBE
                NEWSWIRE) -- Yandex (NASDAQ and MOEX: YNDX), one of Europe's
                largest internet companies and the leading search provider in
                Russia, today announced its unaudited financial results for the
                third quarter ended September 30, 2019.</p>
<h2>Q3 2019 Financial Highlights(1)(2)(3)</h2>
<p><strong>Q3 2019 consolidated financial results</strong></p>
<ul>
    <li> <strong>Revenues </strong>of RUB 45 billion ($698.8 million), up 38%
        compared with Q3 2018</li>
    <li> <strong>Net income</strong> of RUB 4.4 billion ($68.0 million), down 1%
        compared with Q3 2018; <strong>net income margin</strong> of
        9.7%</li>
    <li> <strong>Adjusted net income</strong> of RUB 6.9 billion ($106.7
        million), up 12% compared with Q3 2018; <strong>adjusted net income
                                                        margin</strong> of 15.3%
    </li>
    <li> <strong>Adjusted EBITDA</strong> of RUB 13.9 billion ($216.1 million),
        up 29% compared with Q3 2018; <strong>adjusted EBITDA margin</strong> of
        30.9%
    </li>
</ul>
<p><strong> </strong><strong>Cash, cash equivalents and term deposits as of
                             September 30, 2019:</strong></p>
<ul>
    <li>RUB 85.4 billion ($1,326.4 million) on a consolidated basis
    </li>
    <li>Of which RUB 25.7 billion ($399.3 million) related to Taxi segment </li>
</ul>
<h2>Q3 2019 Operational and Corporate
                             Highlights</h2>
<ul>
    <li><strong>Share of Russian search market,</strong> including mobile,
                                                         averaged 56.6% in Q3
                                                         2019, up from 55.9% in
                                                         Q3 2018 and down from
                                                         56.9% in Q2 2019,
                                                         according to
                                                         Yandex.Radar
    </li>
    <li><strong>Search share on Android</strong> in Russia was 52.8% in Q3 2019,
                                                 up from 49.1% in Q3 2018 and
                                                 52.3% in Q2 2019, according to
                                                 Yandex.Radar</li>
    <li><strong>Search queries</strong> in Russia grew 9% compared with Q3
                                        2018</li>
    <li><strong>Paid clicks</strong> on Yandex’s and its partners’ websites, in
                                     aggregate, increased 22% compared with Q3
                                     2018</li>
    <li>Average <strong>cost per click</strong> decreased 2% compared with Q3
        2018</li>
    <li><strong>Number of rides in the Taxi segment</strong> grew 58%
                                                             year-on-year
                                                             compared with Q3
                                                             2018</li>
    <li><strong>MLU B.V.</strong>, Yandex’s ride-sharing and food delivery joint
                                 venture with Uber, announced an agreement to
                                 acquire the IP and call-centers of the <strong>Vezet
                                                                                group
                                                                                of
                                                                                companies</strong>
                                 in Russia
    </li>
</ul>
<p>“I am delighted with another excellent set of results,” said Arkady Volozh,
   Chief Executive Officer of Yandex. “In Q3, our ride-sharing business
   delivered sequential acceleration in ride growth, while Zen continued to grow
   its user engagement, and Yandex.Drive became the second largest car-sharing
   service in the world. Our strong IT expertise allows us to develop new
   business models, and we aim to continue preserving and growing the IT talent
   pool both for Yandex and the country as a whole.”</p>
<p>“We delivered 38% year-on-year revenue growth in Q3 with great contributions
   from Search and Portal, Taxi and Drive,” said Greg Abovsky, Chief Operating
   Officer and Chief Financial Officer of Yandex. “Our core business continued
   delivering strong results and demonstrated solid margins, while our business
   units and experiments maintained triple digit revenue growth, and now
   represent 36% of consolidated revenues.”</p>
<p>The following table provides a summary of our key <strong><strong>consolidated
                                                                     financial</strong></strong>
   results for the three and nine months ended September 30, 2018 and 2019,
   which includes Yandex.Market financial results through April 27, 2018, the
   date as of which that business was deconsolidated:</p>
<table class="table_yandex">
<tbody>
    <tr>
        <td width="206" height="5" bgcolor="#ffffff"><p><em>In RUB millions</em>
        </p></td>
        <td colspan="3" width="180" valign="BOTTOM" bgcolor="#ffffff">
            <p align="CENTER">Three months ended September&nbsp;30,&nbsp;</p>
        </td>
        <td colspan="3" width="179" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            Nine months ended September&nbsp;30,&nbsp;</p></td>
    </tr>
    <tr>
        <td width="206" height="5" bgcolor="#ffffff"><p></p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="206" height="5"><p>Revenues</p></td>
        <td width="48"><p align="RIGHT">32,570</p></td>
        <td width="48"><p align="RIGHT">45,014</p></td>
        <td width="48"><p align="RIGHT"><em>38%</em></p></td>
        <td width="48"><p align="RIGHT">88,815</p></td>
        <td width="48"><p align="RIGHT">123,695</p></td>
        <td width="47"><p align="RIGHT"><em>39%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="206" height="5"><p>Ex-TAC revenues<sup>2</sup></p></td>
        <td width="48"><p align="RIGHT">27,277</p></td>
        <td width="48"><p align="RIGHT">39,257</p></td>
        <td width="48"><p align="RIGHT"><em>44%</em></p></td>
        <td width="48"><p align="RIGHT">74,481</p></td>
        <td width="48"><p align="RIGHT">107,002</p></td>
        <td width="47"><p align="RIGHT"><em>44%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="206" height="5"><p>Income from operations</p></td>
        <td width="48"><p align="RIGHT">5,959</p></td>
        <td width="48"><p align="RIGHT">7,437</p></td>
        <td width="48"><p align="RIGHT"><em>25%</em></p></td>
        <td width="48"><p align="RIGHT">13,380</p></td>
        <td width="48"><p align="RIGHT">19,809</p></td>
        <td width="47"><p align="RIGHT"><em>48%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="206" height="5"><p>Adjusted EBITDA<sup>2</sup></p></td>
        <td width="48"><p align="RIGHT">10,801</p></td>
        <td width="48"><p align="RIGHT">13,919</p></td>
        <td width="48"><p align="RIGHT"><em>29%</em></p></td>
        <td width="48"><p align="RIGHT">27,261</p></td>
        <td width="48"><p align="RIGHT">37,784</p></td>
        <td width="47"><p align="RIGHT"><em>39%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="206" height="5"><p>Net income</p></td>
        <td width="48"><p align="RIGHT">4,434</p></td>
        <td width="48"><p align="RIGHT">4,378</p></td>
        <td width="48"><p align="RIGHT"><em>-1%</em></p></td>
        <td width="48"><p align="RIGHT">38,860</p></td>
        <td width="48"><p align="RIGHT">10,918</p></td>
        <td width="47"><p align="RIGHT"><em>-72%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="206" height="4"><p>Adjusted net income<sup>2</sup></p></td>
        <td width="48"><p align="RIGHT">6,162</p></td>
        <td width="48"><p align="RIGHT">6,876</p></td>
        <td width="48"><p align="RIGHT"><em>12%</em></p></td>
        <td width="48"><p align="RIGHT">15,183</p></td>
        <td width="48"><p align="RIGHT">18,141</p></td>
        <td width="47"><p align="RIGHT"><em>19%</em></p></td>
    </tr>
</tbody>
</table>
<p>(1) Pursuant to SEC rules regarding convenience translations, Russian ruble
   (RUB) amounts have been translated into U.S. dollars at a rate of RUB 64.4156
   to $1.00, the official exchange rate quoted as of September 30, 2019 by the
   Central Bank of the Russian Federation.<br/>       <br/>(2) The following
   measures presented in this release are “non-GAAP financial measures”: ex-TAC
   revenues; adjusted EBITDA; adjusted EBITDA margin; adjusted ex-TAC EBITDA
   margin; adjusted net income; adjusted net income margin and adjusted ex-TAC
   net income margin. Please see the section headed “Use of Non-GAAP Financial
   Measures” below for a discussion of how we define these measures, as well as
   reconciliations at the end of this release of each of these measures to the
   most directly comparable U.S. GAAP measures.</p>
<p>Our segment disclosure is available in the Segment financial results table
   below Income from operations.</p>
<p><strong>Consolidated revenues breakdown</strong></p>
<table class="table_yandex">
<tbody>
    <tr>
        <td width="208" height="5" bgcolor="#ffffff"><p><em>In RUB millions</em>
        </p></td>
        <td colspan="3" width="181" valign="BOTTOM" bgcolor="#ffffff">
            <p align="CENTER">Three months ended September&nbsp;30,&nbsp;</p>
        </td>
        <td colspan="3" width="179" valign="BOTTOM" bgcolor="#ffffff">
            <p>Nine months ended September&nbsp;30,&nbsp;</p></td>
    </tr>
    <tr>
        <td width="208" height="5" bgcolor="#ffffff"><p></p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
    </tr>
    <tr>
        <td width="208" height="5" valign="BOTTOM"><p>Online advertising
                                                      revenues:</p></td>
        <td width="48"><p align="RIGHT"></p></td>
        <td width="48"><p align="RIGHT"></p></td>
        <td width="48"><p align="RIGHT"></p></td>
        <td width="48"><p align="RIGHT"></p></td>
        <td width="48"><p align="RIGHT"></p></td>
        <td width="46"><p align="RIGHT"></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="208" height="5"><p class="indent-1"><em>Yandex properties</em><sup><em>3
        </em></sup>
        </p></td>
        <td width="48"><p align="RIGHT">19,965</p></td>
        <td width="48"><p align="RIGHT">24,903</p></td>
        <td width="48"><p align="RIGHT"><em>25%</em></p></td>
        <td width="48"><p align="RIGHT">56,303</p></td>
        <td width="48"><p align="RIGHT">68,669</p></td>
        <td width="46"><p align="RIGHT"><em>22%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="208" height="5"><p class="indent-1"><em>Advertising network</em></p></td>
        <td width="48"><p align="RIGHT">5,952</p></td>
        <td width="48"><p align="RIGHT">6,329</p></td>
        <td width="48"><p align="RIGHT"><em>6%</em></p></td>
        <td width="48"><p align="RIGHT">16,936</p></td>
        <td width="48"><p align="RIGHT">18,744</p></td>
        <td width="46"><p align="RIGHT"><em>11%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="208" height="5"><p>Total online advertising
                                      revenues<sup>3</sup></p></td>
        <td width="48"><p align="RIGHT">25,917</p></td>
        <td width="48"><p align="RIGHT">31,232</p></td>
        <td width="48"><p align="RIGHT"><em>21%</em></p></td>
        <td width="48"><p align="RIGHT">73,239</p></td>
        <td width="48"><p align="RIGHT">87,413</p></td>
        <td width="46"><p align="RIGHT"><em>19%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="208" height="5"><p>Revenues related to Taxi segment</p></td>
        <td width="48"><p align="RIGHT">5,109</p></td>
        <td width="48"><p align="RIGHT">9,636</p></td>
        <td width="48"><p align="RIGHT"><em>89%</em></p></td>
        <td width="48"><p align="RIGHT">12,289</p></td>
        <td width="48"><p align="RIGHT">26,058</p></td>
        <td width="46"><p align="RIGHT"><em>112%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="208" height="5"><p>Other</p></td>
        <td width="48"><p align="RIGHT">1,544</p></td>
        <td width="48"><p align="RIGHT">4,146</p></td>
        <td width="48"><p align="RIGHT"><em>169%</em></p></td>
        <td width="48"><p align="RIGHT">3,287</p></td>
        <td width="48"><p align="RIGHT">10,224</p></td>
        <td width="46"><p align="RIGHT"><em>211%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="208" height="4"><p>Total revenues<sup>3</sup></p></td>
        <td width="48"><p align="RIGHT">32,570</p></td>
        <td width="48"><p align="RIGHT">45,014</p></td>
        <td width="48"><p align="RIGHT"><em>38%</em></p></td>
        <td width="48"><p align="RIGHT">88,815</p></td>
        <td width="48"><p align="RIGHT">123,695</p></td>
        <td width="46"><p align="RIGHT"><em>39%</em></p></td>
    </tr>
</tbody>
</table>
<p>(3) Excluding Yandex.Market from financial results for the nine months ended
   September 30, 2018:</p>
<ul>
    <li>Online advertising revenues related to Yandex properties grew 25%
        year-on-year
    </li>
    <li>Total online advertising revenues grew 22% year-on-year</li>
    <li>Total revenues grew 41% year-on-year</li>
</ul>
<p><strong>Online advertising revenues</strong> grew 21% in Q3 2019 compared
                                                with Q3 2018 and generated 69%
                                                of total revenues. Online
                                                advertising revenues include
                                                revenues derived from
                                                performance and brand
                                                advertising on Yandex properties
                                                and in our advertising network.
</p>
<p><strong>Online advertising revenues from Yandex properties</strong> increased
                                                                       25% in Q3
                                                                       2019
                                                                       compared
                                                                       with Q3
                                                                       2018 and
                                                                       accounted
                                                                       for 55%
                                                                       of total
                                                                       revenues.
</p>
<p><strong>Online advertising revenues from our advertising network</strong>
    increased 6% in Q3 2019 compared with Q3 2018 and accounted for 14% of total
    revenues.</p>
<p><strong>Revenues related to Taxi segment</strong> grew 89% in Q3 2019
                                                     compared with Q3 2018 and
                                                     accounted for 21% of total
                                                     revenues. This increase
                                                     mainly reflected the solid
                                                     performance of our
                                                     ride-sharing business
                                                     driven by increase in the
                                                     number of rides and
                                                     incentives optimization,
                                                     the strong growth of our
                                                     corporate Taxi offering,
                                                     which we recognize on a
                                                     gross basis, as well as the
                                                     growing contribution of our
                                                     food delivery businesses.
</p>
<p><strong>Other revenues</strong> grew 169% in Q3 2019 compared with Q3 2018
                                   and amounted to 9% of total revenues. The
                                   growth was primarily driven by our
                                   car-sharing service Yandex.Drive,
                                   subscription revenues of Media Services and
                                   our initiatives related to IoT (Internet of
                                   Things).</p>
<p><strong>Consolidated Operating Costs and Expenses</strong></p>
<p>Yandex’s operating costs and expenses consist of cost of revenues, product
   development expenses, sales, general and administrative expenses (SG&amp;A)
   and depreciation and amortization expenses (D&amp;A). Apart from D&amp;A,
   each of the above expense categories include personnel-related costs and
   expenses, relevant office space rental, and related share-based compensation
   expense. Increases across all cost categories reflect investments in overall
   growth. In Q3 2019 Yandex's headcount increased by 583 full-time employees.
   The total number of full-time employees was 9,588 as of September 30, 2019,
   up by 6% compared with June 30, 2019, and up 8% from September 30, 2018.</p>
<p><strong>Cost of revenues, including traffic acquisition costs (TAC)</strong>
</p>
<table class="table_yandex">
<tbody>
    <tr>
        <td width="199" height="5" bgcolor="#ffffff"><p><em>In RUB millions</em>
        </p></td>
        <td colspan="3" width="173" valign="BOTTOM" bgcolor="#ffffff">
            <p align="CENTER">Three months ended September&nbsp;30,&nbsp;</p>
        </td>
        <td colspan="3" width="172" valign="BOTTOM" bgcolor="#ffffff">
            <p>Nine months ended September&nbsp;30,&nbsp;</p></td>
    </tr>
    <tr>
        <td width="199" height="5" bgcolor="#ffffff"><p></p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="45" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="199" height="5"><p>TAC:</p></td>
        <td width="46"><p align="RIGHT"></p></td>
        <td width="46"><p align="RIGHT"></p></td>
        <td width="46"><p align="RIGHT"></p></td>
        <td width="46"><p align="RIGHT"></p></td>
        <td width="46"><p align="RIGHT"></p></td>
        <td width="45"><p align="RIGHT"></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="199" height="19"><p class="indent-1">Related to the Yandex
                                                        advertising network</p>
        </td>
        <td width="46"><p align="RIGHT">3,772</p></td>
        <td width="46"><p align="RIGHT">3,848</p></td>
        <td width="46"><p align="RIGHT"><em>2%</em></p></td>
        <td width="46"><p align="RIGHT">10,379</p></td>
        <td width="46"><p align="RIGHT">11,273</p></td>
        <td width="45"><p align="RIGHT"><em>9%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="199" height="5"><p class="indent-1">Related to distribution
                                                       partners</p></td>
        <td width="46"><p align="RIGHT">1,521</p></td>
        <td width="46"><p align="RIGHT">1,909</p></td>
        <td width="46"><p align="RIGHT"><em>26%</em></p></td>
        <td width="46"><p align="RIGHT">3,955</p></td>
        <td width="46"><p align="RIGHT">5,420</p></td>
        <td width="45"><p align="RIGHT"><em>37%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="199" height="5"><p>Total TAC</p></td>
        <td width="46"><p align="RIGHT">5,293</p></td>
        <td width="46"><p align="RIGHT">5,757</p></td>
        <td width="46"><p align="RIGHT"><em>9%</em></p></td>
        <td width="46"><p align="RIGHT">14,334</p></td>
        <td width="46"><p align="RIGHT">16,693</p></td>
        <td width="45"><p align="RIGHT"><em>16%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="199" height="5"><p class="indent-1"><em>Total TAC as a % of total
                                          revenues</em></p></td>
        <td width="46"><p align="RIGHT"><em>16.3%</em></p></td>
        <td width="46"><p align="RIGHT"><em>12.8%</em></p></td>
        <td width="46"><p align="RIGHT"></p></td>
        <td width="46"><p align="RIGHT"><em>16.1%</em></p></td>
        <td width="46"><p align="RIGHT"><em>13.5%</em></p></td>
        <td width="45"><p align="RIGHT"></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="199" height="5"><p>Costs related to Taxi
                                                           segment</p></td>
        <td width="46"><p align="RIGHT"><em>1,282</em></p></td>
        <td width="46"><p align="RIGHT"><em>3,029</em></p></td>
        <td width="46"><p align="RIGHT"><em>136%</em></p></td>
        <td width="46"><p align="RIGHT"><em>3,459</em></p></td>
        <td width="46"><p align="RIGHT"><em>8,155</em></p></td>
        <td width="45"><p align="RIGHT"><em>136%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="199" height="19"><p class="indent-1"><em>Costs related to
                                                            Taxi segment as a %
                                                            of revenues</em></p>
        </td>
        <td width="46"><p align="RIGHT"><em>3.9%</em></p></td>
        <td width="46"><p align="RIGHT"><em>6.7%</em></p></td>
        <td width="46"><p align="RIGHT"></p></td>
        <td width="46"><p align="RIGHT"><em>3.9%</em></p></td>
        <td width="46"><p align="RIGHT"><em>6.6%</em></p></td>
        <td width="45"><p align="RIGHT"></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="199" height="5"><p>Other cost of
                                                       revenues</p></td>
        <td width="46"><p align="RIGHT">2,489</p></td>
        <td width="46"><p align="RIGHT">5,175</p></td>
        <td width="46"><p align="RIGHT"><em>108%</em></p></td>
        <td width="46"><p align="RIGHT">6,243</p></td>
        <td width="46"><p align="RIGHT">13,275</p></td>
        <td width="45"><p align="RIGHT"><em>113%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="199" height="19"><p class="indent-1"><em>Other cost of
                                                            revenues as a % of
                                                            revenues</em></p>
        </td>
        <td width="46"><p align="RIGHT"><em>7.6%</em></p></td>
        <td width="46"><p align="RIGHT"><em>11.5%</em></p></td>
        <td width="46"><p align="RIGHT"></p></td>
        <td width="46"><p align="RIGHT"><em>7.0%</em></p></td>
        <td width="46"><p align="RIGHT"><em>10.7%</em></p></td>
        <td width="45"><p align="RIGHT"></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="199" height="5"><p>Total cost of
                                                       revenues</p></td>
        <td width="46"><p align="RIGHT">9,064</p></td>
        <td width="46"><p align="RIGHT">13,961</p></td>
        <td width="46"><p align="RIGHT"><em>54%</em></p></td>
        <td width="46"><p align="RIGHT">24,036</p></td>
        <td width="46"><p align="RIGHT">38,123</p></td>
        <td width="45"><p align="RIGHT"><em>59%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="199" height="18"><p class="indent-1"><em>Total cost of
                                                            revenues as a % of
                                           revenues</em></p></td>
        <td width="46"><p align="RIGHT"><em>27.8%</em></p></td>
        <td width="46"><p align="RIGHT"><em>31.0%</em></p></td>
        <td width="46"><p align="RIGHT"></p></td>
        <td width="46"><p align="RIGHT"><em>27.1%</em></p></td>
        <td width="46"><p align="RIGHT"><em>30.8%</em></p></td>
        <td width="45"><p align="RIGHT"></p></td>
    </tr>
</tbody>
</table>
<p>TAC grew 9% in Q3 2019 compared with Q3 2018 and represented 12.8% of total
   revenues, 350 basis points lower than in Q3 2018 and 70 basis points lower
   compared with Q2 2019 as a result of revenue mix effect.</p>
<p><strong>Costs related to Taxi segment </strong>increased 136% compared with
                                                  Q3 2018. The growth was mainly
                                                  a result of an increase of
                                                  costs related to our corporate
                                                  Taxi offering and the
                                                  logistics costs related to
                                                  food delivery. We are the
                                                  principal in transactions with
                                                  our Taxi corporate clients,
                                                  therefore, we recognize both
                                                  revenues and cost of revenues
                                                  on a gross basis.</p>
<p><strong>Other cost of revenues</strong> in Q3 2019 increased 108% compared
                                           with Q3 2018, mainly reflecting the
                                           growth of costs related to
                                           Yandex.Drive, our investments in
                                           content within Media Services, as
                                           well as our IoT initiatives.</p>
<p><strong>Product development</strong></p>
<p></p>
<table class="table_yandex">
<tbody>
    <tr>
        <td width="202" height="5" bgcolor="#ffffff"><p><em>In RUB millions</em>
        </p></td>
        <td colspan="3" width="176" valign="BOTTOM" bgcolor="#ffffff">
            <p align="CENTER">Three months ended September&nbsp;30,&nbsp;</p>
        </td>
        <td colspan="3" width="175" valign="BOTTOM" bgcolor="#ffffff">
            <p>Nine months ended September&nbsp;30,&nbsp;</p></td>
    </tr>
    <tr>
        <td width="202" height="5" bgcolor="#ffffff"><p></p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="5" bgcolor="#ffffff"><p>Product
                                                          development</p>
        </td>
        <td width="47" bgcolor="#ffffff"><p align="RIGHT">5,534</p></td>
        <td width="47" bgcolor="#ffffff"><p align="RIGHT">7,407</p></td>
        <td width="47" bgcolor="#ffffff"><p align="RIGHT"><em>34%</em></p></td>
        <td width="46" bgcolor="#ffffff"><p align="RIGHT">16,723</p></td>
        <td width="47" bgcolor="#ffffff"><p align="RIGHT">21,108</p></td>
        <td width="46" bgcolor="#ffffff"><p align="RIGHT"><em>26%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="4" bgcolor="#ffffff"><p  class="indent-1"><em>As a % of
                                                            revenues</em></p>
        </td>
        <td width="47" bgcolor="#ffffff"><p align="RIGHT"><em>17.0%</em></p>
        </td>
        <td width="47" bgcolor="#ffffff"><p align="RIGHT"><em>16.5%</em></p>
        </td>
        <td width="47" bgcolor="#ffffff"><p align="RIGHT"></p></td>
        <td width="46" bgcolor="#ffffff"><p align="RIGHT"><em>18.7%</em></p>
        </td>
        <td width="47" bgcolor="#ffffff"><p align="RIGHT"><em>17.1%</em></p>
        </td>
        <td width="46" bgcolor="#ffffff"><p align="RIGHT"></p></td>
    </tr>
</tbody>
</table>
<p></p>
<p>Product development expenses grew 34% in Q3 2019 compared to Q3 2018,
   primarily reflecting salary and other personnel-related costs increases,
   growth of share-based compensation and new hires in Q3 2019.</p>
<p><strong>Sales, general and administrative (SG&amp;A)</strong></p>
<table class="table_yandex">
<tbody>
    <tr>
        <td width="199" height="5" bgcolor="#ffffff"><p><em>In RUB millions</em>
        </p></td>
        <td colspan="3" width="174" valign="BOTTOM" bgcolor="#ffffff">
            <p align="CENTER">Three months ended September&nbsp;30,</p></td>
        <td colspan="3" width="173" valign="BOTTOM" bgcolor="#ffffff">
            <p>Nine months ended September&nbsp;30,</p></td>
    </tr>
    <tr>
        <td width="199" height="5" bgcolor="#ffffff"><p></p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="45" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="199" height="5"><p>Sales, general and
                                                       administrative</p></td>
        <td width="46"><p align="RIGHT">8,895</p></td>
        <td width="46"><p align="RIGHT">12,421</p></td>
        <td width="46"><p align="RIGHT"><em>40%</em></p></td>
        <td width="46"><p align="RIGHT">25,742</p></td>
        <td width="46"><p align="RIGHT">33,854</p></td>
        <td width="45"><p align="RIGHT"><em>32%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="199" height="4"><p class="indent-1"><em>As a % of revenues</em></p></td>
        <td width="46"><p align="RIGHT"><em>27.3%</em></p></td>
        <td width="46"><p align="RIGHT"><em>27.6%</em></p></td>
        <td width="46"><p align="RIGHT"></p></td>
        <td width="46"><p align="RIGHT"><em>29.0%</em></p></td>
        <td width="46"><p align="RIGHT"><em>27.4%</em></p></td>
        <td width="45"><p align="RIGHT"></p></td>
    </tr>
</tbody>
</table>
<p>SG&amp;A expenses grew 40% in Q3 2019 compared to Q3 2018.The growth was
   mainly driven by the increase of personnel costs as a result of salary and
   other personnel expenses growth as well as new hires, and due to the increase
   of advertising and marketing expenses to support growth of our business
   units.</p>
<p><strong>Share-based compensation (SBC) expense</strong></p>
<p>SBC expense is included in each of the cost of revenues, product development,
   and SG&amp;A categories discussed above.</p>
<table class="table_yandex">
<tbody>
    <tr>
        <td width="200" height="5" bgcolor="#ffffff"><p><em>In RUB millions</em>
        </p></td>
        <td colspan="3" width="175" valign="BOTTOM" bgcolor="#ffffff">
            <p align="CENTER">Three months ended September&nbsp;30,&nbsp;</p>
        </td>
        <td colspan="3" width="174" valign="BOTTOM" bgcolor="#ffffff">
            <p>Nine months ended September&nbsp;30,&nbsp;</p></td>
    </tr>
    <tr>
        <td width="200" height="5" bgcolor="#ffffff"><p></p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="45" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="200" height="5"><p>SBC expense included in
                                                       cost of revenues</p></td>
        <td width="46"><p align="RIGHT">47</p></td>
        <td width="46"><p align="RIGHT">72</p></td>
        <td width="46"><p align="RIGHT"><em>53%</em></p></td>
        <td width="46"><p align="RIGHT">126</p></td>
        <td width="46"><p align="RIGHT">204</p></td>
        <td width="45"><p align="RIGHT"><em>62%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="200" height="5"><p>SBC expense included in
                                                       product development</p>
        </td>
        <td width="46"><p align="RIGHT">1,139</p></td>
        <td width="46"><p align="RIGHT">1,663</p></td>
        <td width="46"><p align="RIGHT"><em>46%</em></p></td>
        <td width="46"><p align="RIGHT">3,343</p></td>
        <td width="46"><p align="RIGHT">4,674</p></td>
        <td width="45"><p align="RIGHT"><em>40%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="200" height="5"><p>SBC expense included in
                                                       SG&amp;A</p></td>
        <td width="46"><p align="RIGHT">530</p></td>
        <td width="46"><p align="RIGHT">935</p></td>
        <td width="46"><p align="RIGHT"><em>76%</em></p></td>
        <td width="46"><p align="RIGHT">1,441</p></td>
        <td width="46"><p align="RIGHT">2,258</p></td>
        <td width="45"><p align="RIGHT"><em>57%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="200" height="5"><p>Total SBC expense</p>
        </td>
        <td width="46"><p align="RIGHT">1,716</p></td>
        <td width="46"><p align="RIGHT">2,670</p></td>
        <td width="46"><p align="RIGHT"><em>56%</em></p></td>
        <td width="46"><p align="RIGHT">4,910</p></td>
        <td width="46"><p align="RIGHT">7,136</p></td>
        <td width="45"><p align="RIGHT"><em>45%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="200" height="4"><p class="indent-1"><em>As a % of revenues</em></p></td>
        <td width="46"><p align="RIGHT"><em>5.3%</em></p></td>
        <td width="46"><p align="RIGHT"><em>5.9%</em></p></td>
        <td width="46"><p align="RIGHT"></p></td>
        <td width="46"><p align="RIGHT"><em>5.5%</em></p></td>
        <td width="46"><p align="RIGHT"><em>5.8%</em></p></td>
        <td width="45"><p align="RIGHT"></p></td>
    </tr>
</tbody>
</table>
<p>Total SBC expense increased 56% in Q3 2019 compared with Q3 2018. The growth
   was primarily related to new equity-based grants made in 2018-2019.</p>
<p><strong>Depreciation and amortization (D&amp;A) expense</strong></p>
<table class="table_yandex">
<tbody>
    <tr>
        <td width="206" height="5" bgcolor="#ffffff"><p><em>In RUB millions</em>
        </p></td>
        <td colspan="3" width="180" valign="BOTTOM" bgcolor="#ffffff">
            <p align="CENTER">Three months ended September&nbsp;30,&nbsp;</p>
        </td>
        <td colspan="3" width="179" valign="BOTTOM" bgcolor="#ffffff">
            <p>Nine months ended September&nbsp;30,&nbsp;</p></td>
    </tr>
    <tr>
        <td width="206" height="5" bgcolor="#ffffff"><p></p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="48" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="206" height="5"><p>Depreciation and
                                                       amortization</p></td>
        <td width="48"><p align="RIGHT">3,118</p></td>
        <td width="48"><p align="RIGHT">3,788</p></td>
        <td width="48"><p align="RIGHT"><em>21%</em></p></td>
        <td width="48"><p align="RIGHT">8,934</p></td>
        <td width="48"><p align="RIGHT">10,801</p></td>
        <td width="47"><p align="RIGHT"><em>21%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="206" height="4"><p class="indent-1"><em>As a % of revenues</em></p></td>
        <td width="48"><p align="RIGHT"><em>9.6%</em></p></td>
        <td width="48"><p align="RIGHT"><em>8.4%</em></p></td>
        <td width="48"><p align="RIGHT"></p></td>
        <td width="48"><p align="RIGHT"><em>10.1%</em></p></td>
        <td width="48"><p align="RIGHT"><em>8.7%</em></p></td>
        <td width="47"><p align="RIGHT"></p></td>
    </tr>
</tbody>
</table>
<p>D&amp;A expense increased 21% in Q3 2019 compared with Q3 2018. The D&amp;A
   expense increase was mainly driven by our investments in servers and data
   center equipment as well as by costs related to purchases of office and other
   equipment.</p>
<p><strong>Income from operations</strong></p>
<table class="table_yandex">
<tbody>
    <tr>
        <td width="202" height="5" bgcolor="#ffffff"><p><em>In RUB millions</em>
        </p></td>
        <td colspan="3" width="176" valign="BOTTOM" bgcolor="#ffffff">
            <p align="CENTER">Three months ended September&nbsp;30,&nbsp;</p>
        </td>
        <td colspan="3" width="175" valign="BOTTOM" bgcolor="#ffffff">
            <p>Nine months ended September&nbsp;30,&nbsp;</p></td>
    </tr>
    <tr>
        <td width="202" height="5" bgcolor="#ffffff"><p></p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="4"><p>Income from operations</p></td>
        <td width="47"><p align="RIGHT">5,959</p></td>
        <td width="47"><p align="RIGHT">7,437</p></td>
        <td width="47"><p align="RIGHT"><em>25%</em></p></td>
        <td width="47"><p align="RIGHT">13,380</p></td>
        <td width="47"><p align="RIGHT">19,809</p></td>
        <td width="46"><p align="RIGHT"><em>48%</em></p></td>
    </tr>
</tbody>
</table>
<p>Income from operations increased 25% in Q3 2019 compared with Q3 2018.</p>
<p><strong>Segment financial results</strong></p>
<table class="table_yandex">
<tbody>
    <tr>
        <td width="201" bgcolor="#ffffff"><p><em>In RUB millions</em></p></td>
        <td colspan="3" width="209" bgcolor="#ffffff"><p align="CENTER">Three
                                                                        months
                                                                        ended
                                                                        September&nbsp;30,&nbsp;</p>
        </td>
        <td colspan="3" width="211" bgcolor="#ffffff">
            <p>Nine months ended September&nbsp;30,&nbsp;</p>
        </td>
    </tr>
    <tr>
        <td width="201" bgcolor="#ffffff"><p></p></td>
        <td width="70" bgcolor="#ffffff"><p align="CENTER">2018</p></td>
        <td width="70" bgcolor="#ffffff"><p align="CENTER">2019</p></td>
        <td width="70" bgcolor="#ffffff"><p align="CENTER"><em>Change</em></p>
        </td>
        <td width="70" bgcolor="#ffffff"><p align="CENTER">2018</p></td>
        <td width="70" bgcolor="#ffffff"><p align="CENTER">2019</p></td>
        <td width="70" bgcolor="#ffffff"><p align="CENTER"><em>Change</em></p>
        </td>
    </tr>
    <tr>
        <td width="201"><strong>Revenues:</strong></td>
        <td width="70"><p></p></td>
        <td width="70"><p></p></td>
        <td width="70"><p></p></td>
        <td width="70"><p></p></td>
        <td width="70"><p></p></td>
        <td width="70"><p></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Search and Portal</p></td>
        <td width="70"><p align="RIGHT">25,816</p></td>
        <td width="70"><p align="RIGHT">31,172</p></td>
        <td width="70"><p align="RIGHT"><em>21%</em></p></td>
        <td width="70"><p align="RIGHT">71,350</p></td>
        <td width="70"><p align="RIGHT">87,371</p></td>
        <td width="70"><p align="RIGHT"><em>22%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-2" style="padding-left: 40px">Search and Portal, excluding
                                            IoT*</p></td>
        <td width="70"><p align="RIGHT">25,801</p></td>
        <td width="70"><p align="RIGHT">30,894</p></td>
        <td width="70"><p align="RIGHT"><em>20%</em></p></td>
        <td width="70"><p align="RIGHT">71,335</p></td>
        <td width="70"><p align="RIGHT">86,680</p></td>
        <td width="70"><p align="RIGHT"><em>22%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">E-commerce**</p></td>
        <td width="70"><p align="RIGHT">-</p></td>
        <td width="70"><p align="RIGHT">-</p></td>
        <td width="70"><p align="RIGHT"><em>-</em></p></td>
        <td width="70"><p align="RIGHT">1,697</p></td>
        <td width="70"><p align="RIGHT">-</p></td>
        <td width="70"><p align="RIGHT"><em>-100%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Taxi</p></td>
        <td width="70"><p align="RIGHT">5,109</p></td>
        <td width="70"><p align="RIGHT">9,654</p></td>
        <td width="70"><p align="RIGHT"><em>89%</em></p></td>
        <td width="70"><p align="RIGHT">12,289</p></td>
        <td width="70"><p align="RIGHT">26,103</p></td>
        <td width="70"><p align="RIGHT"><em>112%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Classifieds</p></td>
        <td width="70"><p align="RIGHT">988</p></td>
        <td width="70"><p align="RIGHT">1,371</p></td>
        <td width="70"><p align="RIGHT"><em>39%</em></p></td>
        <td width="70"><p align="RIGHT">2,609</p></td>
        <td width="70"><p align="RIGHT">3,779</p></td>
        <td width="70"><p align="RIGHT"><em>45%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Media Services</p></td>
        <td width="70"><p align="RIGHT">414</p></td>
        <td width="70"><p align="RIGHT">924</p></td>
        <td width="70"><p align="RIGHT"><em>123%</em></p></td>
        <td width="70"><p align="RIGHT">1,230</p></td>
        <td width="70"><p align="RIGHT">2,534</p></td>
        <td width="70"><p align="RIGHT"><em>106%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Other Bets and Experiments</p></td>
        <td width="70"><p align="RIGHT">1,480</p></td>
        <td width="70"><p align="RIGHT">4,088</p></td>
        <td width="70"><p align="RIGHT"><em>176%</em></p></td>
        <td width="70"><p align="RIGHT">3,389</p></td>
        <td width="70"><p align="RIGHT">9,986</p></td>
        <td width="70"><p align="RIGHT"><em>195%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Eliminations</p></td>
        <td width="70"><p align="RIGHT">(1,237)</p></td>
        <td width="70"><p align="RIGHT">(2,195)</p></td>
        <td width="70"><p align="RIGHT"><em>77%</em></p></td>
        <td width="70"><p align="RIGHT">(3,749)</p></td>
        <td width="70"><p align="RIGHT">(6,078)</p></td>
        <td width="70"><p align="RIGHT"><em>62%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Total revenues</p></td>
        <td width="70"><p align="RIGHT">32,570</p></td>
        <td width="70"><p align="RIGHT">45,014</p></td>
        <td width="70"><p align="RIGHT"><em>38%</em></p></td>
        <td width="70"><p align="RIGHT">88,815</p></td>
        <td width="70"><p align="RIGHT">123,695</p></td>
        <td width="70"><p align="RIGHT"><em>39%</em></p></td>
    </tr>
    <tr>
        <td width="201"><strong>Adjusted EBITDA:</strong></td>
        <td width="70"><p align="RIGHT"></p></td>
        <td width="70"><p align="RIGHT"></p></td>
        <td width="70"><p align="RIGHT"></p></td>
        <td width="70"><p align="RIGHT"></p></td>
        <td width="70"><p align="RIGHT"></p></td>
        <td width="70"><p align="RIGHT"></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Search and Portal</p></td>
        <td width="70"><p align="RIGHT">12,593</p></td>
        <td width="70"><p align="RIGHT">15,467</p></td>
        <td width="70"><p align="RIGHT"><em>23%</em></p></td>
        <td width="70"><p align="RIGHT">34,808</p></td>
        <td width="70"><p align="RIGHT">42,061</p></td>
        <td width="70"><p align="RIGHT"><em>21%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-2" style="padding-left: 40px">Search and Portal, excluding
                                            IoT*</p></td>
        <td width="70"><p align="RIGHT">12,666</p></td>
        <td width="70"><p align="RIGHT">15,669</p></td>
        <td width="70"><p align="RIGHT"><em>24%</em></p></td>
        <td width="70"><p align="RIGHT">34,956</p></td>
        <td width="70"><p align="RIGHT">42,556</p></td>
        <td width="70"><p align="RIGHT"><em>22%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">E-commerce**</p></td>
        <td width="70"><p align="RIGHT">-</p></td>
        <td width="70"><p align="RIGHT">-</p></td>
        <td width="70"><p align="RIGHT"><em>-</em></p></td>
        <td width="70"><p align="RIGHT">(263)</p></td>
        <td width="70"><p align="RIGHT">-</p></td>
        <td width="70"><p align="RIGHT"><em>-100%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Taxi</p></td>
        <td width="70"><p align="RIGHT">(711)</p></td>
        <td width="70"><p align="RIGHT">170</p></td>
        <td width="70"><p align="RIGHT"><em>n/m</em></p></td>
        <td width="70"><p align="RIGHT">(4,305)</p></td>
        <td width="70"><p align="RIGHT">477</p></td>
        <td width="70"><p align="RIGHT"><em>n/m</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Classifieds</p></td>
        <td width="70"><p align="RIGHT">78</p></td>
        <td width="70"><p align="RIGHT">43</p></td>
        <td width="70"><p align="RIGHT"><em>-45%</em></p></td>
        <td width="70"><p align="RIGHT">(165)</p></td>
        <td width="70"><p align="RIGHT">(20)</p></td>
        <td width="70"><p align="RIGHT"><em>-88%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Media Services</p></td>
        <td width="70"><p align="RIGHT">(238)</p></td>
        <td width="70"><p align="RIGHT">(636)</p></td>
        <td width="70"><p align="RIGHT"><em>167%</em></p></td>
        <td width="70"><p align="RIGHT">(595)</p></td>
        <td width="70"><p align="RIGHT">(1,514)</p></td>
        <td width="70"><p align="RIGHT"><em>154%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Other Bets and Experiments</p></td>
        <td width="70"><p align="RIGHT">(962)</p></td>
        <td width="70"><p align="RIGHT">(1,180)</p></td>
        <td width="70"><p align="RIGHT"><em>23%</em></p></td>
        <td width="70"><p align="RIGHT">(2,318)</p></td>
        <td width="70"><p align="RIGHT">(3,366)</p></td>
        <td width="70"><p align="RIGHT"><em>45%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Eliminations</p></td>
        <td width="70"><p align="RIGHT">41</p></td>
        <td width="70"><p align="RIGHT">55</p></td>
        <td width="70"><p align="RIGHT"><em>34%</em></p></td>
        <td width="70"><p align="RIGHT">99</p></td>
        <td width="70"><p align="RIGHT">146</p></td>
        <td width="70"><p align="RIGHT"><em>47%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Total adjusted EBITDA</p></td>
        <td width="70"><p align="RIGHT">10,801</p></td>
        <td width="70"><p align="RIGHT">13,919</p></td>
        <td width="70"><p align="RIGHT"><em>29%</em></p></td>
        <td width="70"><p align="RIGHT">27,261</p></td>
        <td width="70"><p align="RIGHT">37,784</p></td>
        <td width="70"><p align="RIGHT"><em>39%</em></p></td>
    </tr>
    <tr>
        <td width="201"><strong>Adjusted EBITDA margin:</strong></td>
        <td width="70" valign="BOTTOM"><p></p></td>
        <td width="70" valign="BOTTOM"><p></p></td>
        <td width="70"><p align="RIGHT"></p></td>
        <td width="70"><p align="RIGHT"></p></td>
        <td width="70"><p align="RIGHT"></p></td>
        <td width="70"><p align="RIGHT"></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Search and Portal</p></td>
        <td width="70"><p align="RIGHT">48.8%</p></td>
        <td width="70"><p align="RIGHT">49.6%</p></td>
        <td width="70"><p align="RIGHT"><em>0.8%</em></p></td>
        <td width="70"><p align="RIGHT">48.8%</p></td>
        <td width="70"><p align="RIGHT">48.1%</p></td>
        <td width="70"><p align="RIGHT"><em>-0.7%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-2" style="padding-left: 40px">Search and Portal, excluding
                                            IoT*</p></td>
        <td width="70"><p align="RIGHT">49.1%</p></td>
        <td width="70"><p align="RIGHT">50.7%</p></td>
        <td width="70"><p align="RIGHT"><em>1.6%</em></p></td>
        <td width="70"><p align="RIGHT">49.0%</p></td>
        <td width="70"><p align="RIGHT">49.1%</p></td>
        <td width="70"><p align="RIGHT"><em>0.1%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">E-commerce**</p></td>
        <td width="70"><p align="RIGHT"><em>-</em></p></td>
        <td width="70"><p align="RIGHT"><em>-</em></p></td>
        <td width="70"><p align="RIGHT"><em>-</em></p></td>
        <td width="70"><p align="RIGHT">-15.5%</p></td>
        <td width="70"><p align="RIGHT"><em>-</em></p></td>
        <td width="70"><p align="RIGHT"><em>-</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Taxi</p></td>
        <td width="70"><p align="RIGHT">-13.9%</p></td>
        <td width="70"><p align="RIGHT">1.8%</p></td>
        <td width="70"><p align="RIGHT"><em>15.7%</em></p></td>
        <td width="70"><p align="RIGHT">-35.0%</p></td>
        <td width="70"><p align="RIGHT">1.8%</p></td>
        <td width="70"><p align="RIGHT"><em>36.8%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Classifieds</p></td>
        <td width="70"><p align="RIGHT">7.9%</p></td>
        <td width="70"><p align="RIGHT">3.1%</p></td>
        <td width="70"><p align="RIGHT"><em>-4.8%</em></p></td>
        <td width="70"><p align="RIGHT">-6.3%</p></td>
        <td width="70"><p align="RIGHT">-0.5%</p></td>
        <td width="70"><p align="RIGHT"><em>5.8%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Media Services</p></td>
        <td width="70"><p align="RIGHT">-57.5%</p></td>
        <td width="70"><p align="RIGHT">-68.8%</p></td>
        <td width="70"><p align="RIGHT"><em>-11.3%</em></p></td>
        <td width="70"><p align="RIGHT">-48.4%</p></td>
        <td width="70"><p align="RIGHT">-59.7%</p></td>
        <td width="70"><p align="RIGHT"><em>-11.3%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Other Bets and Experiments</p></td>
        <td width="70"><p align="RIGHT">-65.0%</p></td>
        <td width="70"><p align="RIGHT">-28.9%</p></td>
        <td width="70"><p align="RIGHT"><em>36.1%</em></p></td>
        <td width="70"><p align="RIGHT">-68.4%</p></td>
        <td width="70"><p align="RIGHT">-33.7%</p></td>
        <td width="70"><p align="RIGHT"><em>34.7%</em></p></td>
    </tr>
    <tr>
        <td width="201"><p class="indent-1">Total adjusted EBITDA margin</p>
        </td>
        <td width="70"><p align="RIGHT">33.2%</p></td>
        <td width="70"><p align="RIGHT">30.9%</p></td>
        <td width="70"><p align="RIGHT"><em>-2.3%</em></p></td>
        <td width="70"><p align="RIGHT">30.7%</p></td>
        <td width="70"><p align="RIGHT">30.5%</p></td>
        <td width="70"><p align="RIGHT"><em>-0.2%</em></p></td>
    </tr>
</tbody>
</table>
<p><em><em>Financial results of segments are presented in the new segment
           structure that we introduced in Q1 2019. The historical data is
           provided in the supplementary slides.</em></em></p>
<p><em><em>*IoT stands for Internet of Things</em></em></p>
<p><em><em>**Our E-commerce segment revenues include revenues of Yandex.Market
           through April 27, 2018. As a result of deconsolidation, we record our
           share of Yandex.Market’s financial results within the loss/(income)
           from equity method investments line in the consolidated statements of
           income.</em></em></p>
<ul>
    <li><em><em>Search and Portal segment offers a broad range of services in
                Russia, Belarus, Kazakhstan, Uzbekistan and Turkey, other than
                those described below. Since Q1 2019 our Search and Portal
                segment also includes Yandex.Health, previously reported in
                Other Bets and Experiments;</em></em></li>
    <li><em><em>E-commerce segment includes Yandex.Market for the period prior
                to April 27, 2018, the date of the completion of the
                Yandex.Market joint venture between Yandex and
                Sberbank;</em></em></li>
    <li><em><em>Taxi segment includes our Taxi business (including Yandex.Taxi
                and Uber in Russia and neighboring countries), Food Delivery
                business (including Yandex.EATs, UberEATs and Yandex.Chef, a
                meal kit subscription service) and Self-Driving Cars
                division;</em></em></li>
    <li><em><em>Classifieds segment includes Auto.ru, Yandex.Realty and
                Yandex.Jobs; </em></em></li>
    <li><em><em>Media Services segment includes KinoPoisk, Yandex.Music,
                Yandex.Afisha, Yandex.TV program, our production center
                Yandex.Studio and our subscription service
                Yandex.Plus;</em></em></li>
    <li><em><em>Other Bets and Experiments category includes Zen, Yandex.Cloud,
                Yandex.Drive, Geolocation Services and Yandex.Education.
                Geolocation Services and Yandex.Education previously were a part
                of our Search and Portal segment;</em></em></li>
    <li><em><em>Eliminations in our revenues represent the elimination of
                transactions between the reportable segments, primarily related
                to advertising. Eliminations related to our adjusted EBITDA
                mainly reflect reallocation of a portion of Search and Portal D&amp;A
                expenses related to leasehold improvements to office rent
                expenses of our business unites.</em></em></li>
</ul>
<p><strong>Adjusted EBITDA </strong>increased 29% in Q3 2019 compared with Q3
                                    2018. The growth was mainly driven by the
                                    solid perfomance of Search and Portal
                                    segment and continuing improvment of our
                                    Taxi segment profitability, which were
                                    slightly offset by investments in Media
                                    Services and car-sharing business as well as
                                    by development of our Cloud and IoT
                                    initiatives.</p>
<p>Adjusted EBITDA of Taxi was RUB 170 million in Q3 2019, up from negative RUB
   711 million in Q3 2018. The significant increase of adjusted EBITDA was
   driven by consistently improving profitability of our ride-sharing business,
   partially offset by our investments in our autonomous vehicles and foodtech
   initiatives.</p>
<p><strong>Interest income </strong>in Q3 2019 was RUB 847 million, compared
                                    with RUB 928 million in Q3 2018.</p>
<p><strong>Interest expense</strong> in Q3 2019 was RUB 30 million, down from
                                     RUB 260 million in Q3 2018.</p>
<p><strong>Foreign exchange </strong>gain in Q3 2019 was RUB 254 million,
                                     compared with a foreign exchange gain of
                                     RUB 154 million in Q3 2018. This gain
                                     reflects the depreciation of the Russian
                                     ruble during Q3 2019 from RUB 63.0756 to
                                     $1.00 on June 30, 2019, to RUB 64.4156 to
                                     $1.00 on September 30, 2019. Yandex's
                                     Russian operating subsidiaries' functional
                                     currency is the Russian ruble, and
                                     therefore changes due to exchange rate
                                     fluctuations in the ruble value of these
                                     subsidiaries' monetary assets and
                                     liabilities that are denominated in other
                                     currencies are recognized as foreign
                                     exchange gains or losses within the other
                                     income/(loss), net line in the condensed
                                     consolidated statements of income. Although
                                     the U.S. dollar value of Yandex's U.S.
                                     dollar-denominated assets and liabilities
                                     was not impacted by these currency
                                     fluctuations, they resulted in an upward
                                     revaluation of the ruble equivalent of
                                     these U.S. dollar-denominated monetary
                                     assets and liabilities in Q3 2019.</p>
<p><strong>Income tax expense</strong> for Q3 2019 was RUB 3,341 million, up
                                       from RUB 2,326 million in Q3 2018. Our
                                       effective tax rate of 43.3% in Q3 2019
                                       was higher than in Q3 2018, primarily due
                                       to increase in stock-based compensation
                                       which is non-taxable. Adjusted for SBC
                                       expense and certain tax provisions
                                       recognized, our effective tax rate for Q3
                                       2019 was 31.7%, compared with 25.4% for
                                       Q3 2018 as adjusted for SBC expense and
                                       similar provisions in that year. The
                                       increase in the adjusted effective tax
                                       rate was primarily driven by certain
                                       additional valuation allowances provided
                                       in Q3 2019.</p>
<p><strong>Net income</strong> was RUB 4.4 billion ($68.0 million) in Q3 2019,
                               down 1% compared with Q3 2018.</p>
<p><strong>Adjusted net income</strong> in Q3 2019 was RUB 6.9 billion ($106.7
                                        million), a 12% increase from Q3 2018.
</p>
<p><strong>Adjusted net income margin</strong> was 15.3% in Q3 2019, compared
                                               with 18.9% in Q3 2018.</p>
<p>As of September 30, 2019, Yandex had <strong>cash, cash equivalents and term
                                                deposits </strong>of RUB 85.4
   billion ($1,326.4 million), including cash, cash equivalents and term
   deposits of Yandex.Taxi in total amount of RUB 25.7 billion ($399.3 million).
</p>
<p><strong>Net cash flow provided by operating activities</strong> for Q3 2019
                                                                   was RUB 14.7
                                                                   billion
                                                                   ($228.0
                                                                   million) and
    <strong>capital expenditures</strong> were RUB 5.3 billion ($82.4 million).
</p>
<p><strong>Redeemable noncontrolling interests</strong> presented in our
                                                        condensed consolidated
                                                        balance sheets relate to
                                                        the equity incentive
                                                        arrangements we have
                                                        made available to the
                                                        senior employees of the
                                                        Taxi and Classifieds
                                                        segments, pursuant to
                                                        which such persons are
                                                        eligible to acquire
                                                        depositary receipts, or
                                                        receive options to
                                                        acquire depositary
                                                        receipts, which entitles
                                                        them to economic
                                                        interests in the
                                                        respective business unit
                                                        subsidiaries.</p>
<p>The <strong>total number of shares issued and outstanding</strong> as of
   September 30, 2019 was 328,485,996 including 290,767,337 Class A shares,
   37,718,658 Class B shares, and one Priority share and excluding 1,830,318
   Class A shares held in treasury and all Class C shares outstanding solely as
   a result of the conversion of Class B shares into Class A shares. All such
   Class C shares were cancelled.</p>
<p>There were also employee share options outstanding to purchase up to an
   additional 3.3 million shares, at a weighted average exercise price of $36.85
   per share, 1.5 million of which were fully vested; equity-settled share
   appreciation rights (SARs) for 0.2 million shares, at a weighted average
   measurement price of $32.76, all of which were fully vested; and restricted
   share units (RSUs) covering 12.7 million shares, of which RSUs to acquire 4.3
   million shares were fully vested. Equity awards in respect of business unit
   subsidiaries are described under Redeemable noncontrolling interests
   above.</p>
<h2>Financial outlook</h2>
<p>Based on our recent performance, we currently expect our ruble-based revenues
   excluding Yandex.Market to grow in the range of 36% to 38% for the full year
   2019 compared with 2018.</p>
<p>We are changing the lower end of our financial outlook for Search and Portal
   and now expect its ruble-based revenue to grow in the range of 20% to 21% in
   the full year 2019 compared with 2018.</p>
<p>This outlook reflects our current view, based on the trends that we see at
   this time, and may change in light of market and economic developments in the
   business sectors and jurisdictions in which we operate.</p>
<h2>Conference Call Information</h2>
<p>Yandex’s management will hold an earnings conference call on October 25, 2019
   at 8:00 AM U.S. Eastern Time (3:00 PM Moscow time; 1:00 PM London time).</p>
<p>To access the conference call live, please dial:</p>
<p>US: +1 866 966 1396<br/>UK/International: +44 (0) 844 571 8892<br/>Russia: 8
   10 800 2357 5011<br/>Passcode: 8095887</p>
<p>A replay of the call will be available until November 1, 2019. To access the
   replay, please dial:</p>
<p>US: +1 917 677 7532<br/>UK/International: +44 (0) 844 571 8951<br/>Russia: +7
   495 249 9138<br/>Passcode: 8095887</p>
<p>A live and archived webcast of this conference call will be available at</p>
<p>
    <a href="https://edge.media-server.com/mmc/p/movn8ea6" rel="nofollow" target="_blank">https://edge.media-server.com/mmc/p/movn8ea6</a>
</p>
<h2>ABOUT YANDEX</h2>
<p>Yandex (NASDAQ and MOEX:YNDX) is a technology company that builds intelligent
   products and services powered by machine learning. Our goal is to help
   consumers and businesses better navigate the online and offline world. Since
   1997, we have delivered world-class, locally relevant search and information
   services. Additionally, we have developed market-leading on-demand
   transportation services, navigation products, and other mobile applications
   for millions of consumers across the globe. Yandex, which has 34 offices
   worldwide, has been listed on the NASDAQ since 2011.<br/>More information on
   Yandex can be found at https://yandex.com/company.</p>
<h2>FORWARD-LOOKING STATEMENTS</h2>
<p>This press release contains forward-looking statements that involve risks and
   uncertainties. These include statements regarding our anticipated revenues
   for full year 2019. Actual results may differ materially from the results
   predicted or implied by such statements, and our reported results should not
   be considered as an indication of future performance. The potential risks and
   uncertainties that could cause actual results to differ from the results
   predicted or implied by such statements include, among others, macroeconomic
   and geopolitical developments affecting the Russian economy or our business,
   changes in the political, legal and/or regulatory environment, competitive
   pressures, changes in advertising patterns, changes in user preferences,
   technological developments, and our need to expend capital to accommodate the
   growth of the business, as well as those risks and uncertainties included
   under the captions “Risk Factors” and “Operating and Financial Review and
   Prospects” in our Annual Report on Form 20-F for the year ended December 31,
   2018, which is on file with the U.S. Securities and Exchange Commission (SEC)
   and is available on our investor relations website at
   http://ir.yandex.com/sec.cfm and on the SEC website at www.sec.gov. All
   information in this release and in the attachments is as of October 25, 2019,
   and Yandex undertakes no duty to update this information unless required by
   law.</p>
<h2>USE OF NON-GAAP FINANCIAL MEASURES</h2>
<p>To supplement our condensed consolidated financial statements, which are
   prepared and presented in accordance with U.S. GAAP, we present the following
   non-GAAP financial measures: ex-TAC revenues, adjusted EBITDA, adjusted
   EBITDA margin, adjusted ex-TAC EBITDA margin, adjusted net income, adjusted
   net income margin and adjusted ex-TAC net income margin. The presentation of
   these financial measures is not intended to be considered in isolation or as
   a substitute for, or superior to, the financial information prepared and
   presented in accordance with U.S. GAAP. For more information on these
   non-GAAP financial measures, please see the tables captioned “Reconciliations
   of non-GAAP financial measures to the nearest comparable U.S. GAAP measures”,
   included following the accompanying financial tables. We define the various
   non-GAAP financial measures we use as follows:</p>
<ul>
    <li><strong>Ex-TAC revenues</strong> means U.S. GAAP revenues <u>less</u>
                                         total traffic acquisition costs (TAC)
    </li>
    <li><strong>Adjusted EBITDA</strong> means U.S. GAAP net income <u>plus</u>
                                         (1) depreciation and amortization,
                                         (2) SBC expense, (3) accrual of expense
                                         related to the contingent compensation
                                         that may be payable to employees in
                                         connection with certain business
                                         combinations, (4) interest expense,
                                         (5) loss/(income) from equity method
                                         investments, (6) income tax expense,
        <u>less</u> (1) effect of Yandex.Market deconsolidation, (2) interest
                                         income and (3) other (income)/loss, net
    </li>
    <li><strong>Adjusted EBITDA margin</strong> means adjusted EBITDA
        <u>divided</u> by U.S. GAAP revenues
    </li>
    <li><strong>Adjusted ex-TAC EBITDA margin</strong> means adjusted EBITDA <u>divided</u>
                                                       by ex-TAC revenues
    </li>
    <li><strong>Adjusted net income</strong> means U.S. GAAP net income
        <u>plus</u> (1) SBC expense adjusted for the income tax reduction
                                             attributable to SBC expense,
                                             (2) accrual of expense related to
                                             the contingent compensation that
                                             may be payable to certain employees
                                             in connection with certain business
                                             combinations, (3) amortization of
                                             debt discount related to our
                                             convertible debt adjusted for the
                                             related reduction in income tax,
        <u>less</u> (1) foreign exchange (gains)/losses adjusted for
                                             increase/(reduction) in income tax
                                             attributable to foreign exchange
                                             (gains)/losses and (2) effect of
                                             deconsolidation of former
                                             subsidiaries
    </li>
    <li><strong>Adjusted net income margin</strong> means adjusted net income
        <u>divided</u> by U.S. GAAP revenues
    </li>
    <li><strong>Adjusted ex-TAC net income margin</strong> means adjusted net
                                                           income <u>divided</u>
                                                           by ex-TAC revenues
    </li>
</ul>
<p>These non-GAAP financial measures are used by management for evaluating
   financial performance as well as decision-making. Management believes that
   these metrics reflect the organic, core operating performance of the company,
   and therefore are useful to analysts and investors in providing supplemental
   information that helps them understand, model and forecast the evolution of
   our operating business.</p>
<p>Although our management uses these non-GAAP financial measures for
   operational decision-making and considers these financial measures to be
   useful for analysts and investors, we recognize that there are a number of
   limitations related to such measures. In particular, it should be noted that
   several of these measures exclude some recurring costs, particularly
   share-based compensation. In addition, the components of the costs that we
   exclude in our calculation of the measures described above may differ from
   the components that our peer companies exclude when they report their results
   of operations.</p>
<p>Below we describe why we make particular adjustments to certain U.S. GAAP
   financial measures:</p>
<p><em><em>TAC</em></em></p>
<p>We believe that it may be useful for investors and analysts to review certain
   measures both in accordance with U.S. GAAP and net of the effect of TAC,
   which we view as comparable to sales commissions and bonuses but, unlike
   sales commissions and bonuses, are not deducted from U.S. GAAP revenues. By
   presenting revenue, adjusted EBITDA margin and adjusted net income margin net
   of TAC, we believe that investors and analysts are able to obtain a clearer
   picture of our business without the impact of the revenues we share with our
   partners.</p>
<p><em><em>SBC</em></em></p>
<p>SBC is a significant expense item, and an important part of our compensation
   and incentive programs. As it is a non-cash charge, however, and highly
   dependent on our share price at the time of equity award grants, we believe
   that it is useful for investors and analysts to see certain financial
   measures excluding the impact of these charges in order to obtain a clearer
   picture of our operating performance.</p>
<p><em><em>Acquisition-related costs</em></em></p>
<p>We may incur expenses in connection with acquisitions that are not indicative
   of our recurring core operating performance. In particular, we are required
   under U.S. GAAP to accrue as expense the contingent compensation that is
   payable to certain employees in connection with certain business
   combinations. We eliminate these acquisition-related expenses from adjusted
   EBITDA and adjusted net income to provide management and investors a tool for
   comparing on a period-to-period basis our operating performance in the
   ordinary course of operations.</p>
<p><em><em>Foreign exchange gains and losses</em></em></p>
<p>Because we hold significant assets and liabilities in currencies other than
   our Russian ruble operating currency, and because foreign exchange
   fluctuations are outside of our operational control, we believe that it is
   useful to present adjusted net income and related margin measures excluding
   these effects, in order to provide greater clarity regarding our operating
   performance.</p>
<p><em><em>Effect of deconsolidation of Yandex.Market/former
           subsidiaries</em></em></p>
<p>We believe that it is useful to present adjusted net income and related
   margin measures excluding the effect of deconsolidation of former
   subsidiaries and to present certain other financial metrics described above
   in order to provide a clearer picture of our underlying operating performance
   and to provide meaningful period-to-period comparisons. Adjusted net income
   in 9 months 2018 excludes a gain from deconsolidation of Yandex.Market
   following the formation of Yandex.Market joint venture by Yandex and Sberbank
   in April 2018.</p>
<p><em><em>Amortization of debt discount</em></em></p>
<p>We also adjust net income for interest expense representing amortization of
   the debt discount related to our convertible notes issued in Q4 2013 and Q1
   2014 which matured in Q4 2018. We have eliminated this expense from adjusted
   net income as it is non-cash in nature and is not indicative of our ongoing
   operating performance.</p>
<p>The tables at the end of this release provide detailed reconciliations of
   each non-GAAP financial measure we use from the most directly comparable U.S.
   GAAP financial measure.</p>
<p align="center"> </p>
<p align="center"> <strong>YANDEX N.V.</strong><br/><br/><strong>Unaudited
                                                                 Condensed
                                                                 Consolidated
                                                                 Balance
                                                                 Sheets</strong><br/><br/><strong>(in
                                                                                                  millions
                                                                                                  of
                                                                                                  Russian
                                                                                                  rubles
                                                                                                  and
                                                                                                  U.S.
                                                                                                  dollars,
                                                                                                  except
                                                                                                  share
                                                                                                  and
                                                                                                  per
                                                                                                  share
                                                                                                  data)</strong>
</p>
<table style="border-collapse: collapse ;  font-size: 15px; width:100%; border-collapse:collapse ;">
<tr>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td colspan="2" style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>As of</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>December&nbsp;31,</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>September 30, </strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>September 30, </strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td colspan="2" style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2018*</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2019</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2019</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>RUB</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>RUB</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>$</strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">
        <strong><strong>ASSETS</strong></strong></td>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Current assets:</td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="max-width:64%; width:64%; min-width:64%;;vertical-align: bottom ; ">
        Cash and cash equivalents
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:10%; width:10%; min-width:10%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         68,798
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:10%; width:10%; min-width:10%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         43,528
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:10%; width:10%; min-width:10%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         675.7
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Term deposits</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         41,913
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         650.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Investments in marketable equity
                                          securities
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2,998
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         46.5
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Accounts receivable, net</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         14,570
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         15,900
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         246.8
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Prepaid expenses</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2,119
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2,682
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         41.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Funds receivable, net</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2,217
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,298
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         20.2
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Other current assets</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         4,177
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         9,270
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         143.9
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Total current assets</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         91,881
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         117,589
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,825.5
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Property and equipment, net</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         39,740
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         45,754
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         710.3
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Operating lease right-of-use assets
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         16,944
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         17,769
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         275.8
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Intangible assets, net</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         11,545
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         10,608
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         164.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Non-current content assets, net</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         335
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,809
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         28.1
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Goodwill</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         52,662
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         52,967
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         822.3
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Long-term prepaid expenses</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,800
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,851
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         28.6
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Investments in non-marketable equity
                                          securities
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         36,484
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         29,500
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         458.0
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Deferred tax assets</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         3,523
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2,201
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         34.2
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Other non-current assets</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         3,473
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         3,451
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         53.6
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong>TOTAL ASSETS</strong></strong>
    </td>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 258,387</strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 283,499</strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 4,401.1</strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong>LIABILITIES AND
                                                          SHAREHOLDERS’
                                                          EQUITY</strong></strong>
    </td>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Current liabilities:</td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Accounts payable and accrued
                                          liabilities
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         22,550
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         31,866
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         494.6
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Income and non-income taxes payable
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         4,059
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         7,779
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         120.8
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Deferred revenue</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2,792
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2,806
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         43.6
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Total current liabilities</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         29,401
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         42,451
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         659.0
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Deferred tax liabilities</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,572
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2,206
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         34.2
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Operating lease liabilities</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         12,204
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         8,098
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         125.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Other accrued liabilities</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         569
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,010
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         15.8
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Total liabilities</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         43,746
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         53,765
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         834.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Commitments and contingencies</td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Redeemable noncontrolling interests
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         13,035
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         13,682
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         212.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Shareholders’ equity:</td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Priority share: €1.00 par value; 1
                                          share authorized, issued and
                                          outstanding
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        —
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        —
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        —
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Preference shares: €0.01 par value;
                                          1,000,000,001 shares authorized, nil
                                          shares issued and outstanding
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        —
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        —
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        —
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Ordinary shares: par value (Class A
                                          €0.01, Class B €0.10 and Class C
                                          €0.09); shares authorized (Class A:
                                          1,000,000,000, Class B: 46,997,887 and
                                          Class C: 46,997,887); shares issued
                                          (Class A: 292,437,655 and 292,597,655,
                                          Class B: 37,878,658 and 37,718,658,
                                          and Class C: nil and 30,000,
                                          respectively); shares outstanding
                                          (Class A: 286,848,365 and 290,767,337,
                                          Class B: 37,878,658 and 37,718,658,
                                          and Class C: nil)
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         263
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         263
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         4.1
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Treasury shares at cost (Class A:
                                          5,589,290 and 1,830,318, respectively)
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (10,769
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (3,236
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (50.2
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Additional paid-in capital</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         69,729
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         69,417
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,077.6
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Accumulated other comprehensive
                                          income
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         8,182
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         6,042
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         93.8
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Retained earnings</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         111,465
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         122,366
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,899.6
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Total equity attributable to Yandex
                                          N.V.
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         178,870
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         194,852
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         3,024.9
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Noncontrolling interests</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         22,736
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         21,200
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         329.1
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Total shareholders’ equity</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         201,606
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         216,052
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         3,354.0
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong>TOTAL LIABILITIES AND
                                                          SHAREHOLDERS’
                                                          EQUITY</strong></strong>
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 258,387</strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 283,499</strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 4,401.1</strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
</table>
<p>* <em><em>     Derived from audited consolidated financial statements except
             for restatement of balances due to adoption of ASC 842 Leases,
             which required the recognition of right-of-use assets and lease
             liabilities for operating leases</em></em></p>
<p><em><em> </em></em></p>
<p align="center"><strong>YANDEX N.V.</strong><br/><br/><strong>Unaudited
                                                                Condensed
                                                                Consolidated
                                                                Statements of
                                                                Income</strong><br/><br/><strong>(in
                                                                                                 millions
                                                                                                 of
                                                                                                 Russian
                                                                                                 rubles
                                                                                                 and
                                                                                                 U.S.
                                                                                                 dollars,
                                                                                                 except
                                                                                                 share
                                                                                                 and
                                                                                                 per
                                                                                                 share
                                                                                                 data)</strong>
</p>
<table style="border-collapse: collapse ;  font-size: 15px; width:100%; border-collapse:collapse ;">
<tr>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="8" style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>Three months ended September 30, </strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2018*</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2019</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2019</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>RUB</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>RUB</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>$</strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="max-width:64%; width:64%; min-width:64%;;vertical-align: bottom ; ">
        Revenues
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:10%; width:10%; min-width:10%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        32,570
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:10%; width:10%; min-width:10%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        45,014
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:10%; width:10%; min-width:10%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        698.8
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Operating costs and expenses:</td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cost of revenues(1)</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        9,064
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        13,961
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        216.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Product development(1)</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        5,534
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        7,407
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        115.0
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Sales, general and administrative(1)
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        8,895
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        12,421
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        192.9
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Depreciation and amortization</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        3,118
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        3,788
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        58.8
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Total operating costs and expenses
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        26,611
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        37,577
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        583.4
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Income from operations</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        5,959
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        7,437
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        115.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Interest income</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        928
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        847
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        13.1
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Interest expense</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (260
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (30
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (0.5
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Loss from equity method investments
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (22
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (899
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (14.0
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Other income, net</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         155
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         364
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         5.8
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net income before income taxes</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        6,760
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        7,719
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        119.8
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Income tax expense</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        2,326
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        3,341
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        51.8
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net income</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        4,434
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        4,378
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        68.0
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net loss attributable to
                                          noncontrolling interests
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         334
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        270
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        4.2
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net income attributable to Yandex
                                          N.V.
    </td>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>4,768</strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>4,648</strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>72.2</strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net income per Class A and Class B
                                          share:
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Basic</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        14.58
    </td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        14.17
    </td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        0.22
    </td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Diluted</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        14.25
    </td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        13.85
    </td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        0.22
    </td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Weighted average number of Class A and
                                          Class B shares outstanding
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Basic</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        326,960,171
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        327,950,520
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        327,950,520
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Diluted</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        334,518,196
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        335,432,722
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        335,432,722
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="border-bottom: solid black 1pt ; vertical-align: bottom ; "> 
    </td>
    <td style="border-bottom: solid black 1pt ; vertical-align: bottom ; "> 
    </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; "> </td>
</tr>
</table>
<span>(1) These balances exclude depreciation and amortization expenses,
      which are presented separately, and include share-based compensation
      expenses of:<br/>       
</span>
<table style="border-collapse: collapse ;  font-size: 15px; width:100%; border-collapse:collapse ;">
<tr>
    <td style="max-width:60%; width:60%; min-width:60%;;vertical-align:
    bottom ; ">
        Cost of revenues
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td colspan="3" style="max-width:11%; width:11%; min-width:11%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        47
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:12%; width:12%; min-width:12%;;text-align: right ;
     vertical-align: middle; vertical-align: bottom ; ">
        72
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:12%; width:12%; min-width:12%;;text-align: right ;
     vertical-align: middle; vertical-align: bottom ; ">
        1.1
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Product development</td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="3" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        1,139
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        1,663
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        25.8
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Sales, general and administrative</td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="3" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        530
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        935
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        14.5
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
</table>
<p><em><em>*  Adjusted for restatement of operating costs and expenses and other
           income/(loss), net due to adoption of ASC 842 Leases, which required
           the recognition of right-of-use assets and lease liabilities for
           operating leases</em></em></p>
<p><em><em> </em></em></p>
<p align="center"><strong>YANDEX N.V.</strong><br/><br/><strong>Unaudited
                                                                Condensed
                                                                Consolidated
                                                                Statements of
                                                                Income</strong><br/><br/><strong>(in
                                                                                                 millions
                                                                                                 of
                                                                                                 Russian
                                                                                                 rubles
                                                                                                 and
                                                                                                 U.S.
                                                                                                 dollars,
                                                                                                 except
                                                                                                 share
                                                                                                 and
                                                                                                 per
                                                                                                 share
                                                                                                 data)</strong>  
</p>
<table style="border-collapse: collapse ;  font-size: 15px; width:100%; border-collapse:collapse ;">
<tr>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="8" style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>Nine months ended September 30, </strong></strong></td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2018*</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2019</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2019</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>RUB</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>RUB</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>$</strong></strong></td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Revenues</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        88,815
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        123,695
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        1,920.3
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Operating costs and expenses:</td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cost of revenues(1)</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        24,036
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        38,123
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        591.8
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Product development(1)</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        16,723
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        21,108
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        327.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Sales, general and administrative(1)
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        25,742
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        33,854
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        525.5
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Depreciation and amortization</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        8,934
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        10,801
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        167.7
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Total operating costs and expenses
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        75,435
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        103,886
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        1,612.7
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Income from operations</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        13,380
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        19,809
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        307.6
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Interest income</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        2,453
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        2,508
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         38.9
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Interest expense</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (724
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (43
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (0.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Effect of Yandex.Market
                                          deconsolidation
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         28,244
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Income/(loss) from equity method
                                          investments
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         280
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (2,483
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (38.5
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Other income/(loss), net</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,016
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (285
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (4.5
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net income before income taxes</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        44,649
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        19,506
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        302.8
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Income tax expense</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        5,789
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        8,588
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        133.3
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net income</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        38,860
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        10,918
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        169.5
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net loss attributable to
                                          noncontrolling interests
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,578
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        957
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        14.8
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net income attributable to Yandex
                                          N.V.
    </td>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>40,438</strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>11,875</strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "><strong><strong> </strong></strong>
    </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>184.3</strong></strong></td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net income per Class A and Class B
                                          share:
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Basic</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        123.51
    </td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        36.37
    </td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        0.56
    </td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Diluted</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        120.40
    </td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        35.47
    </td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: double black 3pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        0.55
    </td>
    <td style="border-bottom: double black 3pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Weighted average number of Class A and
                                          Class B shares outstanding
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Basic</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        327,396,376
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        326,486,040
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        326,486,040
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Diluted</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        335,852,917
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        334,774,392
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        334,774,392
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: right ;  vertical-align: middle; "> </td>
    <td style="vertical-align: bottom ; "> </td>
</tr>
</table>
<span>(1)  These balances exclude depreciation and amortization expenses, which are
   presented separately, and include share-based compensation
   expenses of:</span>
<table style="border-collapse: collapse ;  font-size: 15px; width:100%; border-collapse:collapse ;">
<tr>
    <td style="max-width:61%; width:61%; min-width:61%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:11%; width:11%; min-width:11%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:11%; width:11%; min-width:11%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:11%; width:11%; min-width:11%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cost of revenues</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        126
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        204
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        3.2
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Product development</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        3,343
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        4,674
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        72.6
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Sales, general and administrative</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        1,441
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        2,258
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        35.0
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
</table>
<span><em><em>*  Adjusted for restatement of operating costs and expenses and
            other
           income/(loss), net due to adoption of ASC 842 Leases, which required
           the recognition of right-of-use assets and lease liabilities for
           operating leases</em></em></span>
<p><em><em> </em></em></p>
<p align="center"><strong>YANDEX N.V.</strong></p>
<p align="center"><strong>Unaudited Condensed Consolidated Statements of Cash
                          Flows</strong><br/><strong>(in millions of Russian
                                                     rubles and U.S.
                                                     dollars)</strong></p>
<table style="border-collapse: collapse ;  font-size: 15px; width:100%; border-collapse:collapse ;">
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="8" style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>Three months ended September 30, </strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2018*</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2019</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2019</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>RUB</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>RUB</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>$</strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">CASH FLOWS PROVIDED BY OPERATING
                                          ACTIVITIES:
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="max-width:64%; width:64%; min-width:64%;;vertical-align: bottom ; ">
        Net income
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:10%; width:10%; min-width:10%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         4,434
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:10%; width:10%; min-width:10%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         4,378
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:10%; width:10%; min-width:10%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         68.0
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Adjustments to reconcile net income to
                                          net cash provided by operating
                                          activities:
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Depreciation of property and
                                          equipment
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2,511
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         3,110
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         48.3
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Amortization of intangible assets</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         607
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         678
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         10.5
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">ROU assets amortization*</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,404
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2,358
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         36.6
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Amortization of debt discount and
                                          issuance costs
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         201
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Share-based compensation expense</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,716
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2,670
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         41.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Deferred income taxes</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (47
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         74
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1.1
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Foreign exchange gains</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (154
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (254
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (3.9
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Loss from equity method investments
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         25
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         899
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         14.0
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Other</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (39
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         135
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2.1
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Changes in operating assets and
                                          liabilities excluding the effect of
                                          acquisitions:
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Accounts receivable, net</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (1,332
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         168
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2.6
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Prepaid expenses and other assets</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (2,036
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (114
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (1.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Accounts payable and accrued
                                          liabilities
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         366
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         581
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         9.0
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Deferred revenue</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (60
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net cash provided by operating
                                          activities
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 7,596</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 14,684</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 228.0</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">CASH FLOWS PROVIDED BY/(USED IN)
                                          INVESTING ACTIVITIES:
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Purchases of property and equipment
                                          and intangible assets
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (4,305
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (5,305
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (82.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Proceeds from sale of property and
                                          equipment
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         60
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         0.1
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Acquisitions of businesses, net of
                                          cash acquired
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (83
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Investments in non-marketable equity
                                          securities
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (16
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Investments in term deposits</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (28,507
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (442.5
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Maturities of term deposits</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         20,243
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         28,787
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         446.9
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Loans granted, net of proceeds from
                                          repayments
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (194
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net cash provided by/(used in)
                                          investing activities
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 15,705</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> (5,018</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>)</strong></strong></td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> (77.9</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>)</strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">CASH FLOWS USED IN FINANCING
                                          ACTIVITIES:
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Proceeds from exercise of share
                                          options
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         3
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         89
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Purchase of redeemable noncontrolling
                                          interests
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (26
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (0.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Repurchases of ordinary shares</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (9,544
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Payment for contingent consideration
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (759
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (44
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (0.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Other financing activities</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (18
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (58
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (0.9
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net cash used in financing
                                          activities
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> (10,318</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>)</strong></strong></td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> (39</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>)</strong></strong></td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> (0.6</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>)</strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Effect of exchange rate changes on
                                          cash and cash balances
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         367
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         92
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1.4
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net change in cash and cash balances
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 13,350</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 9,719</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 150.9</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cash and cash balances at beginning of
                                          period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         36,116
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         33,853
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         525.5
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cash and cash balances at end of
                                          period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         49,466
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         43,572
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         676.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong>Reconciliation of cash
                                                          and cash
                                                          balances:</strong></strong>
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cash and cash equivalents, beginning
                                          of period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         35,930
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         33,809
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         524.9
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Restricted cash, beginning of period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         186
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         44
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         0.6
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cash and cash balances, beginning of
                                          period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         36,116
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         33,853
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         525.5
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cash and cash equivalents, end of
                                          period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         49,388
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         43,528
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         675.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Restricted cash, end of period</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         78
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         44
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         0.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cash and cash balances, end of
                                          period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         49,466
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         43,572
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         676.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td colspan="10" style="vertical-align: bottom ; "><em><em> </em></em></td>
</tr>
<tr>
    <td colspan="10" style="vertical-align: bottom ; "><em><em> </em></em></td>
</tr>
</table>
<span><em><em>*  Adjusted for restatement of cash flows from operating activities
           due to adoption of ASC 842 Leases, which required the recognition of
           right-of-use (ROU) assets and lease liabilities for operating
           leases</em></em></span>
<p><em><em> </em></em></p>
<p align="center"><strong>YANDEX N.V.</strong></p>
<p align="center"><strong>Unaudited Condensed Consolidated Statements of Cash
                          Flows</strong><br/><strong>(in millions of Russian
                                                     rubles and U.S.
                                                     dollars)</strong></p>
<table style="border-collapse: collapse ;  font-size: 15px; width:100%; border-collapse:collapse ;">
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="8" style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>Nine months ended September 30, </strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2018*</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2019</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>2019</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>RUB</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>RUB</strong></strong></td>
    <td style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> </strong></strong></td>
    <td colspan="2" style="text-align: center ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>$</strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">CASH FLOWS PROVIDED BY OPERATING
                                          ACTIVITIES:
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="max-width:64%; width:64%; min-width:64%;;vertical-align: bottom ; ">
        Net income
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:10%; width:10%; min-width:10%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         38,860
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:10%; width:10%; min-width:10%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         10,918
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">
         
    </td>
    <td style="max-width:10%; width:10%; min-width:10%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         169.5
    </td>
    <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Adjustments to reconcile net income to
                                          net cash provided by operating
                                          activities:
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Depreciation of property and
                                          equipment
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         7,239
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         8,850
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         137.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Amortization of intangible assets</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,695
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,951
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         30.3
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">ROU assets amortization*</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         3,775
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         6,367
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         98.8
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Amortization of debt discount and
                                          issuance costs
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         558
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Share-based compensation expense</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         4,910
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         7,136
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         110.8
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Deferred income taxes</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (1,479
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,834
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         28.5
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Foreign exchange (gains)/losses</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (896
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         295
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         4.6
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Effect of deconsolidation of
                                          Yandex.Market
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (28,244
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">(Income)/loss from equity method
                                          investments
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (279
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2,483
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         38.5
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Other</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (188
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         321
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         5.0
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Changes in operating assets and
                                          liabilities excluding the effect of
                                          acquisitions:
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Accounts receivable, net</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (2,484
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (1,408
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (21.9
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Prepaid expenses and other assets</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (4,712
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (4,756
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (73.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Accounts payable and accrued
                                          liabilities
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         976
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,728
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         26.8
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Deferred revenue</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (126
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         35
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         0.5
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net cash provided by operating
                                          activities
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 19,605</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 35,754</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 555.1</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">CASH FLOWS USED IN INVESTING
                                          ACTIVITIES:
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Purchases of property and equipment
                                          and intangible assets
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (14,466
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (15,010
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (233.0
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Proceeds from sale of property and
                                          equipment
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         224
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         36
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         0.6
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Acquisitions of businesses, net of
                                          cash acquired
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         20,680
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (347
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (5.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Investments in non-marketable equity
                                          securities
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (155
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (65
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (1.0
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Investments in term deposits</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (55,592
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (76,262
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (1,183.9
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Maturities of term deposits</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         47,343
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         34,339
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         533.1
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Deconsolidation of cash and cash
                                          equivalents of Yandex.Market
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (2,181
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Loans granted, net of proceeds from
                                          repayments
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (383
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         84
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1.2
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net cash used in investing
                                          activities
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> (4,530</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>)</strong></strong></td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> (57,225</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>)</strong></strong></td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> (888.4</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>)</strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">CASH FLOWS USED IN FINANCING
                                          ACTIVITIES:
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Proceeds from exercise of share
                                          options
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         107
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         140
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2.2
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Purchase of redeemable noncontrolling
                                          interests
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (238
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (3.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Proceeds from sale of noncontrolling
                                          interests
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         20
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         0.3
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Repurchases of ordinary shares</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (9,765
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         -
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Payment for contingent consideration
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (1,400
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (91
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (1.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Other financing activities</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (81
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (70
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (1.1
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net cash used in financing
                                          activities
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> (11,139</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>)</strong></strong></td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> (239</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>)</strong></strong></td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> (3.7</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>)</strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Effect of exchange rate changes on
                                          cash and cash balances
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         2,299
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (3,604
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         (56.0
    </td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        )
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Net change in cash and cash balances
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> 6,235</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> (25,314</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>)</strong></strong></td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong> (393.0</strong></strong></td>
    <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
        <strong><strong>)</strong></strong></td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cash and cash balances at beginning of
                                          period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         43,231
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         68,886
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,069.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cash and cash balances at end of
                                          period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         49,466
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         43,572
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         676.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: top ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "><strong><strong>Reconciliation of cash
                                                          and cash
                                                          balances:</strong></strong>
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cash and cash equivalents, beginning
                                          of period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         42,662
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         68,798
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,068.0
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Restricted cash, beginning of period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         569
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         88
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cash and cash balances, beginning of
                                          period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         43,231
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         68,886
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         1,069.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
    <td style="vertical-align: bottom ; "> </td>
    <td colspan="2" style="vertical-align: bottom ; "> </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cash and cash equivalents, end of
                                          period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         49,388
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         43,528
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         675.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Restricted cash, end of period</td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         78
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         44
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         0.7
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
<tr>
    <td style="vertical-align: bottom ; ">Cash and cash balances, end of
                                          period
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         49,466
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         43,572
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
    <td style="vertical-align: bottom ; "> </td>
    <td style="padding-right: 0 ; text-align: right ;  vertical-align: middle; vertical-align: bottom ; ">
         676.4
    </td>
    <td style="padding-left: 0 ; text-align: left ;  vertical-align: middle; vertical-align: bottom ; ">
         
    </td>
</tr>
</table>
<p><em><em>*  Adjusted for restatement of cash flows from operating activities
           due to adoption of ASC 842 Leases, which required the recognition of
           right-of-use (ROU) assets and lease liabilities for operating
           leases</em></em></p>
<p><em><em> </em></em></p>
<p align="center"><strong>YANDEX N.V.</strong></p>
<p align="center"><strong>RECONCILIATIONS OF NON-GAAP FINANCIAL
                          MEASURES</strong><br/><strong>TO THE NEAREST
                                                        COMPARABLE U.S. GAAP
                                                        MEASURES</strong></p>
<p align="center"><strong>Reconciliation of Ex-TAC Revenues to U.S. GAAP
                          Revenues</strong></p>
<table class="table_yandex">
<tbody>
    <tr>
        <td width="203" height="5" bgcolor="#ffffff"><p><em>In RUB millions</em>
        </p></td>
        <td colspan="3" width="177" valign="BOTTOM" bgcolor="#ffffff">
            <p align="CENTER">Three months ended September&nbsp;30,&nbsp;</p>
        </td>
        <td colspan="3" width="176" valign="BOTTOM" bgcolor="#ffffff"><p>
            Nine months ended September&nbsp;30,&nbsp;</p></td>
    </tr>
    <tr>
        <td width="203" height="5" bgcolor="#ffffff"><p></p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="203" height="5"><p>Total revenues</p></td>
        <td width="47"><p align="RIGHT">32,570</p></td>
        <td width="47"><p align="RIGHT">45,014</p></td>
        <td width="47"><p align="RIGHT"><em>38%</em></p></td>
        <td width="47"><p align="RIGHT">88,815</p></td>
        <td width="47"><p align="RIGHT">123,695</p></td>
        <td width="46"><p align="RIGHT"><em>39%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="203" height="5"><p>Less: traffic acquisition costs (TAC)</p>
        </td>
        <td width="47"><p align="RIGHT">5,293</p></td>
        <td width="47"><p align="RIGHT">5,757</p></td>
        <td width="47"><p align="RIGHT"><em>9%</em></p></td>
        <td width="47"><p align="RIGHT">14,334</p></td>
        <td width="47"><p align="RIGHT">16,693</p></td>
        <td width="46"><p align="RIGHT"><em>16%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="203" height="4"><p>Ex-TAC revenues</p></td>
        <td width="47"><p align="RIGHT">27,277</p></td>
        <td width="47"><p align="RIGHT">39,257</p></td>
        <td width="47"><p align="RIGHT"><em>44%</em></p></td>
        <td width="47"><p align="RIGHT">74,481</p></td>
        <td width="47"><p align="RIGHT">107,002</p></td>
        <td width="46"><p align="RIGHT"><em>44%</em></p></td>
    </tr>
</tbody>
</table>
<p align="center"><strong>Reconciliation of Adjusted EBITDA to U.S. GAAP Net
                          Income</strong></p>
<table class="table_yandex">
<tbody>
    <tr>
        <td width="202" height="5" bgcolor="#ffffff"><p><em>In RUB millions</em>
        </p></td>
        <td colspan="3" width="176" valign="BOTTOM" bgcolor="#ffffff">
            <p align="CENTER">Three months ended September&nbsp;30,&nbsp;</p>
        </td>
        <td colspan="3" width="175" valign="BOTTOM" bgcolor="#ffffff">
            <p align="CENTER">
            Nine months ended September&nbsp;30,&nbsp;</p></td>
    </tr>
    <tr>
        <td width="202" height="5" bgcolor="#ffffff"><p></p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="5"><p>Net income</p></td>
        <td width="47"><p align="RIGHT">4,434</p></td>
        <td width="47"><p align="RIGHT">4,378</p></td>
        <td width="47"><p align="RIGHT"><em>-1%</em></p></td>
        <td width="47"><p align="RIGHT">38,860</p></td>
        <td width="47"><p align="RIGHT">10,918</p></td>
        <td width="46"><p align="RIGHT"><em>-72%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="5"><p><em>Add:</em> depreciation and
                                                    amortization</p></td>
        <td width="47"><p align="RIGHT">3,118</p></td>
        <td width="47"><p align="RIGHT">3,788</p></td>
        <td width="47"><p align="RIGHT"><em>21%</em></p></td>
        <td width="47"><p align="RIGHT">8,934</p></td>
        <td width="47"><p align="RIGHT">10,801</p></td>
        <td width="46"><p align="RIGHT"><em>21%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="19"><p><em>Add:</em> share-based compensation
                                                     expense</p></td>
        <td width="47"><p align="RIGHT">1,716</p></td>
        <td width="47"><p align="RIGHT">2,670</p></td>
        <td width="47"><p align="RIGHT"><em>56%</em></p></td>
        <td width="47"><p align="RIGHT">4,910</p></td>
        <td width="47"><p align="RIGHT">7,136</p></td>
        <td width="46"><p align="RIGHT"><em>45%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="19"><p><em>Add:</em> compensation expense
                                                     related to contingent
                                                     consideration</p></td>
        <td width="47"><p align="RIGHT">8</p></td>
        <td width="47"><p align="RIGHT">24</p></td>
        <td width="47"><p align="RIGHT"><em>200%</em></p></td>
        <td width="47"><p align="RIGHT">37</p></td>
        <td width="47"><p align="RIGHT">38</p></td>
        <td width="46"><p align="RIGHT"><em>3%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="19"><p><em>Less</em>: effect of Yandex.Market
                                                    deconsolidation</p></td>
        <td width="47"><p align="RIGHT">-</p></td>
        <td width="47"><p align="RIGHT">-</p></td>
        <td width="47"><p align="RIGHT"><em>n/m</em></p></td>
        <td width="47"><p align="RIGHT">(28,244)</p></td>
        <td width="47"><p align="RIGHT">-</p></td>
        <td width="46"><p align="RIGHT"><em>n/m</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="5"><p><em>Less: </em>interest income</p></td>
        <td width="47"><p align="RIGHT">(928)</p></td>
        <td width="47"><p align="RIGHT">(847)</p></td>
        <td width="47"><p align="RIGHT"><em>-9%</em></p></td>
        <td width="47"><p align="RIGHT">(2,453)</p></td>
        <td width="47"><p align="RIGHT">(2,508)</p></td>
        <td width="46"><p align="RIGHT"><em>2%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="5"><p><em>Add:</em> interest expense</p></td>
        <td width="47"><p align="RIGHT">260</p></td>
        <td width="47"><p align="RIGHT">30</p></td>
        <td width="47"><p align="RIGHT"><em>-88%</em></p></td>
        <td width="47"><p align="RIGHT">724</p></td>
        <td width="47"><p align="RIGHT">43</p></td>
        <td width="46"><p align="RIGHT"><em>-94%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="19"><p><em>Add: </em>loss/(income) from equity
                                                     method investments</p></td>
        <td width="47"><p align="RIGHT">22</p></td>
        <td width="47"><p align="RIGHT">899</p></td>
        <td width="47"><p align="RIGHT"><em>n/m</em></p></td>
        <td width="47"><p align="RIGHT">(280)</p></td>
        <td width="47"><p align="RIGHT">2,483</p></td>
        <td width="46"><p align="RIGHT"><em>n/m</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="5"><p><em>Less:</em> other (income)/loss, net
        </p></td>
        <td width="47"><p align="RIGHT">(155)</p></td>
        <td width="47"><p align="RIGHT">(364)</p></td>
        <td width="47"><p align="RIGHT"><em>135%</em></p></td>
        <td width="47"><p align="RIGHT">(1,016)</p></td>
        <td width="47"><p align="RIGHT">285</p></td>
        <td width="46"><p align="RIGHT"><em>n/m</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="5"><p><em>Add:</em> income tax expense</p></td>
        <td width="47"><p align="RIGHT">2,326</p></td>
        <td width="47"><p align="RIGHT">3,341</p></td>
        <td width="47"><p align="RIGHT"><em>44%</em></p></td>
        <td width="47"><p align="RIGHT">5,789</p></td>
        <td width="47"><p align="RIGHT">8,588</p></td>
        <td width="46"><p align="RIGHT"><em>48%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="4"><p>Adjusted EBITDA</p></td>
        <td width="47"><p align="RIGHT">10,801</p></td>
        <td width="47"><p align="RIGHT">13,919</p></td>
        <td width="47"><p align="RIGHT"><em>29%</em></p></td>
        <td width="47"><p align="RIGHT">27,261</p></td>
        <td width="47"><p align="RIGHT">37,784</p></td>
        <td width="46"><p align="RIGHT"><em>39%</em></p></td>
    </tr>
</tbody>
</table>
<p align="center"><strong>Reconciliation of Adjusted Net Income to U.S. GAAP Net
                          Income</strong></p>
<table class="table_yandex">
<tbody>
    <tr>
        <td width="202" height="5" bgcolor="#ffffff"><p><em>In RUB millions</em>
        </p></td>
        <td colspan="3" width="176" valign="BOTTOM" bgcolor="#ffffff">
            <p align="CENTER">Three months ended September&nbsp;30,&nbsp;</p>
        </td>
        <td colspan="3" width="175" valign="BOTTOM" bgcolor="#ffffff">
            <p align="CENTER">
            Nine months ended September&nbsp;30,&nbsp;</p></td>
    </tr>
    <tr>
        <td width="202" height="5" bgcolor="#ffffff"><p></p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2018</p></td>
        <td width="47" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER">
            2019</p></td>
        <td width="46" valign="BOTTOM" bgcolor="#ffffff"><p align="CENTER"><em>Change</em>
        </p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="5"><p>Net income</p></td>
        <td width="47"><p align="RIGHT">4,434</p></td>
        <td width="47"><p align="RIGHT">4,378</p></td>
        <td width="47"><p align="RIGHT"><em>-1%</em></p></td>
        <td width="47"><p align="RIGHT">38,860</p></td>
        <td width="47"><p align="RIGHT">10,918</p></td>
        <td width="46"><p align="RIGHT"><em>-72%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="5"><p><em>Add: </em>SBC expense</p></td>
        <td width="47"><p align="RIGHT">1,716</p></td>
        <td width="47"><p align="RIGHT">2,670</p></td>
        <td width="47"><p align="RIGHT"><em>56%</em></p></td>
        <td width="47"><p align="RIGHT">4,910</p></td>
        <td width="47"><p align="RIGHT">7,136</p></td>
        <td width="46"><p align="RIGHT"><em>45%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="19"><p><em>Less:</em> reduction in income tax
                                                      attributable to SBC
                                                      expense</p></td>
        <td width="47"><p align="RIGHT">(29)</p></td>
        <td width="47"><p align="RIGHT">(20)</p></td>
        <td width="47"><p align="RIGHT"><em>-31%</em></p></td>
        <td width="47"><p align="RIGHT">(76)</p></td>
        <td width="47"><p align="RIGHT">(59)</p></td>
        <td width="46"><p align="RIGHT"><em>-22%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="19"><p><em>Add:</em> compensation expense
                                                     related to contingent
                                                     consideration</p></td>
        <td width="47"><p align="RIGHT">8</p></td>
        <td width="47"><p align="RIGHT">24</p></td>
        <td width="47"><p align="RIGHT"><em>200%</em></p></td>
        <td width="47"><p align="RIGHT">37</p></td>
        <td width="47"><p align="RIGHT">38</p></td>
        <td width="46"><p align="RIGHT"><em>3%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="5"><p><em>Less: </em>foreign exchange
                                                     (gains)/losses</p></td>
        <td width="47"><p align="RIGHT">(154)</p></td>
        <td width="47"><p align="RIGHT">(254)</p></td>
        <td width="47"><p align="RIGHT"><em>65%</em></p></td>
        <td width="47"><p align="RIGHT">(896)</p></td>
        <td width="47"><p align="RIGHT">295</p></td>
        <td width="46"><p align="RIGHT"><em>n/m</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="37"><p><em>Add</em>: increase/(reduction) in
                                                   income tax attributable to
                                                   foreign exchange
                                                   (gains)/losses</p></td>
        <td width="47"><p align="RIGHT">36</p></td>
        <td width="47"><p align="RIGHT">78</p></td>
        <td width="47"><p align="RIGHT"><em>117%</em></p></td>
        <td width="47"><p align="RIGHT">173</p></td>
        <td width="47"><p align="RIGHT">(66)</p></td>
        <td width="46"><p align="RIGHT"><em>n/m</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="19"><p><em>Less: </em>effect of deconsolidation
                                                      of former subsidiaries</p>
        </td>
        <td width="47"><p align="RIGHT">-</p></td>
        <td width="47"><p align="RIGHT">-</p></td>
        <td width="47"><p align="RIGHT"><em>n/m</em></p></td>
        <td width="47"><p align="RIGHT">(28,244)</p></td>
        <td width="47"><p align="RIGHT">(121)</p></td>
        <td width="46"><p align="RIGHT"><em>-100%</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="5"><p><em>Add:</em> amortization of debt
                                                    discount</p></td>
        <td width="47"><p align="RIGHT">201</p></td>
        <td width="47"><p align="RIGHT">-</p></td>
        <td width="47"><p align="RIGHT"><em>n/m</em></p></td>
        <td width="47"><p align="RIGHT">558</p></td>
        <td width="47"><p align="RIGHT">-</p></td>
        <td width="46"><p align="RIGHT"><em>n/m</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="37"><p><em>Less:</em> reduction in income tax
                                                      attributable to
                                                      amortization of debt
                                                      discount</p></td>
        <td width="47"><p align="RIGHT">(50)</p></td>
        <td width="47"><p align="RIGHT">-</p></td>
        <td width="47"><p align="RIGHT"><em>n/m</em></p></td>
        <td width="47"><p align="RIGHT">(139)</p></td>
        <td width="47"><p align="RIGHT">-</p></td>
        <td width="46"><p align="RIGHT"><em>n/m</em></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="202" height="4"><p>Adjusted net income</p></td>
        <td width="47"><p align="RIGHT">6,162</p></td>
        <td width="47"><p align="RIGHT">6,876</p></td>
        <td width="47"><p align="RIGHT"><em>12%</em></p></td>
        <td width="47"><p align="RIGHT">15,183</p></td>
        <td width="47"><p align="RIGHT">18,141</p></td>
        <td width="46"><p align="RIGHT"><em>19%</em></p></td>
    </tr>
</tbody>
</table>
<p align="center"><strong>Reconciliation of Adjusted EBITDA Margin and Adjusted
                          Ex-TAC EBITDA Margin to U.S. GAAP Net Income
                          Margin</strong></p>
<table class="table_yandex table_yandex_rec">
<tbody>
    <tr valign="BOTTOM">
        <td colspan="2" width="279" height="5" bgcolor="#ffffff"><p><em>In RUB
                                                            millions </em></p>
        </td>
        <td colspan="6"><p></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td colspan="2" width="289" height="65" bgcolor="#ffffff"><p></p></td>
        <td width="41" bgcolor="#ffffff"><p align="CENTER">U.S. GAAP Actual Net
                                                           Income</p></td>
        <td width="37" bgcolor="#ffffff"><p align="CENTER">Net Income Margin
                                                           (1)</p></td>
        <td width="62" bgcolor="#ffffff"><p align="CENTER">Adjustment
                                                                   (2)</p>
        </td>
        <td width="41" bgcolor="#ffffff"><p align="CENTER">Adjusted EBITDA</p>
        </td>
        <td width="42" bgcolor="#ffffff"><p align="CENTER">Adjusted EBITDA
                                                           Margin (3)</p></td>
        <td width="4169" bgcolor="#ffffff"><p align="CENTER">Adjusted Ex-TAC
                                                             EBITDA Margin
                                                             (4)</p></td>
    </tr>
    <tr valign="BOTTOM">
        <td colspan="2" width="289" height="5"><p>Three months ended September&nbsp;30,&nbsp;2019</p>
        </td>
        <td width="41"><p align="RIGHT">4,378</p></td>
        <td width="37"><p align="RIGHT">9.7%</p></td>
        <td width="62"><p align="RIGHT">9,541</p></td>
        <td width="41"><p align="RIGHT">13,919</p></td>
        <td width="42"><p align="RIGHT">30.9%</p></td>
        <td width="4169"><p align="RIGHT">35.5%</p></td>
    </tr>
    <tr valign="BOTTOM">
        <td colspan="2" width="289" height="5"><p>Nine months ended September&nbsp;30,&nbsp;2019</p>
        </td>
        <td width="41"><p align="RIGHT">10,918</p></td>
        <td width="37"><p align="RIGHT">8.8%</p></td>
        <td width="62"><p align="RIGHT">26,866</p></td>
        <td width="41"><p align="RIGHT">37,784</p></td>
        <td width="42"><p align="RIGHT">30.5%</p></td>
        <td width="4169"><p align="RIGHT">35.3%</p></td>
    </tr>
</tbody>
</table>
<p>(1) Net income margin is defined as net income divided by total
        revenues.<br/>(2) Adjusted to eliminate depreciation and amortization
        expense, SBC expense, expense related to contingent compensation, effect
        of Yandex.Market deconsolidation, interest income, interest expense,
        loss/(income) from equity method investments, other (income)/loss, net
        and income tax expense. For a reconciliation of adjusted EBITDA to net
        income, please see the table above.<br/>(3) Adjusted EBITDA margin is
        defined as adjusted EBITDA divided by total revenues.<br/>(4) Adjusted
        ex-TAC EBITDA margin is defined as adjusted EBITDA divided by ex-TAC
        revenues. For a reconciliation of ex-TAC revenues to U.S. GAAP revenues,
        please see the table above.</p>
<p align="center"><strong>Reconciliation of Adjusted Net Income Margin and
                          Adjusted Ex-TAC Net Income Margin to U.S. GAAP Net
                          Income Margin</strong></p>
<table class="table_yandex table_yandex_rec">
<tbody>
    <tr valign="BOTTOM">
        <td width="259" height="5" bgcolor="#ffffff"><p><em>In RUB </em><em>millions</em><em> </em>
        </p></td>
        <td colspan="6" width="326" bgcolor="#ffffff"><p></p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="259" height="65" bgcolor="#ffffff"><p></p></td>
        <td width="35" bgcolor="#ffffff"><p align="CENTER">U.S. GAAP Actual Net
                                                           Income</p></td>
        <td width="31" bgcolor="#ffffff"><p align="CENTER">Net Income Margin
                                                           (1)</p></td>
        <td width="54" bgcolor="#ffffff"><p align="CENTER">Adjustment (2)</p>
        </td>
        <td width="35" bgcolor="#ffffff"><p align="CENTER">Adjusted Net
                                                           Income</p></td>
        <td width="35" bgcolor="#ffffff"><p align="CENTER">Adjusted Net Income
                                                           Margin (3)</p></td>
        <td width="4169" bgcolor="#ffffff"><p align="CENTER">Adjusted Ex-TAC Net
                                                             Income Margin
                                                             (4)</p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="259" height="5"><p>Three months ended September&nbsp;30,&nbsp;2019</p>
        </td>
        <td width="35"><p align="RIGHT">4,378</p></td>
        <td width="31"><p align="RIGHT">9.7%</p></td>
        <td width="54"><p align="RIGHT">2,498</p></td>
        <td width="35"><p align="RIGHT">6,876</p></td>
        <td width="35"><p align="RIGHT">15.3%</p></td>
        <td width="4169"><p align="RIGHT">17.5%</p></td>
    </tr>
    <tr valign="BOTTOM">
        <td width="259" height="5"><p>Nine months ended September&nbsp;30,&nbsp;2019</p>
        </td>
        <td width="35"><p align="RIGHT">10,918</p></td>
        <td width="31"><p align="RIGHT">8.8%</p></td>
        <td width="54"><p align="RIGHT">7,223</p></td>
        <td width="35"><p align="RIGHT">18,141</p></td>
        <td width="35"><p align="RIGHT">14.7%</p></td>
        <td width="4169"><p align="RIGHT">17.0%</p></td>
    </tr>
</tbody>
</table>
<p>(1)  Net income margin is defined as net income divided by total
   revenues.<br/>(2)  Adjusted to eliminate SBC expense (as adjusted for the
   income tax reduction attributable to SBC expense), expense related to
   contingent compensation, foreign exchange (gains)/losses as adjusted for the
   increase/(reduction) in income tax attributable to the (gains)/losses, effect
   of deconsolidation of former subsidiaries and amortization of debt discount
   (as adjusted for the related reduction in income tax). For a reconciliation
   of adjusted net income to net income, please see the table above.<br/>(3) 
   Adjusted net income margin is defined as adjusted net income divided by total
   revenues.<br/>(4)  Adjusted ex-TAC net income margin is defined as adjusted
   net income divided by ex-TAC revenues. For a reconciliation of ex-TAC
   revenues to U.S. GAAP revenues, please see the table above.</p>
<p><strong><strong>Contacts:</strong></strong></p>
<p>Investor Relations<br/>Katya Zhukova<br/>Phone: +7 495 974-35-38<br/>E-mail:
   askIR@yandex-team.ru</p>
<p>Media Relations<br/>Ilya Grabovskiy<br/>Phone: +7 495 739-70-00<br/>E-mail:
   pr@yandex-team.ru</p>
