Exhibit 10.61.2  Surety DeedNo KT-9/1207 to AGENCY AGREEMENT No KT-4/1207 dated December 14,
2007  Moscow
  December 21, 2007  Closed Joint Stock Company New Channel (OGRN
1047796750880), hereinafter referred to as the Principal, represented by its General DirectorA.E. Rodnyansky,
acting pursuant to the Charter, as the first party, Closed Joint Stock Company Video
International Group of Companies,hereinafter referred to as the Surety,
represented by its General Director Mr. S.A. Vasiliev, acting pursuant to
the Charter, as a second party, Closed Joint Stock Company Kompaniya TSV(OGRN 5077746859757), hereinafter referred
to as the Agent, represented by
the Deputy General Director V.L. Vshivkin, acting pursuant to the Power of
Attorney without number dated December 3, 2007, as a third party, entered into this Deed as follows  1. SUBJECT OF THE DEED  1.1. Under this Deed, the Surety agrees to be liable
to the Principal for improper performance by the Agent of any financial
obligations arising out of Agency Agreement No KT-4/1207 dated December 14, 2007 (hereinafter referred to as the Agreement) with respect
to: a) timely transfer to the Principal of the funds
received by the Agent from the advertising clients (sections 4.4. and  4.7. of the Agreement) within the time
periods set forth in the Agreement or provided by law; b) payment by the Agent of the penalty interest at the
rate of 0.05 % (Five hundredth of percent) from the amount of overdue payment
for each banking day of delay (section 5.2. of the Agreement); c) payment of the proved lost profits in accordance
with section 5.6 of the Agreement; d) payment to the Principal of the termination fee
(par. 2 section 9.2. of the Agreement) 
within the time period set forth in the Agreement; e) timely payment of the guarantee amount obligation
with respect to the amounts overdue from the advertising clients(section 1 of Supplementary Agreement No. 1 dated December 14,
2007)within the time period set forth in Supplementary AgreementNo. 1 dated December 14, 2007to the  Agreement.  2. OBLIGATIONS OF THE PARTIES  2.1.
The Surety shall be liable to the Principal jointly with the Agent for improper
performance of the Agents obligations under the Agreement andSupplementary Agreement No. 1 aslisted in section 1.1. hereof
to the same extent as the Agent and within the period of time set forth in the
Agreement and inSupplementary Agreement No.
1. 2.2.
The liability of the Surety shall arise upon non-performance and/or improper
performance by the Agent of the Agents obligations under the Agreement andSupplementary Agreement No. 1 aslisted in section 1.1. hereof. 2.3.
The Agent shall promptly advise the Surety on all and any failures to perform
its obligations arising out of the Agreement as well as on other circumstances,
which affect the performance of the Agents obligations to the Principal. 2.4.
In the event of non-performance and/or improper performance by the Agent of the
obligations to the Principal secured by this Surety, the Principal may at its election
either demand that the obligation be performed by the Agent or the Surety or
enforce the collection from the Surety or the Agent in the manner provided by
law. 2.5.
If the Surety has paid the amounts claimed by the Principal under the
obligation secured by the Surety, the Surety shall assume all rights of the
creditor (the Principal) with respect to the amounts of actually paid claims.
In addition to the amount actually paid to the Principal the Surety shall be
entitled to demand from the Agent the compensation for damages, incurred in
settling of its liabilities.   1


2.6.
The Principal shall be required to deliver to the Surety the documents
evidencing the claims against the Agent and assign the rights underlying such
claims within three days after the performance of the Agents obligations under
the Agreement and/orSupplementary Agreement No.
1.  3. SURETY TERM AND TERMINATION  3.1.
The Surety shall be issued for the entire duration of the Agreement. The Principal, however, may not present its demand to
the Surety to pay any amounts under section 1.1. hereof after December 31,
2010. 3.2.
The Surety shall terminate: a)
in respect of the obligations under section 1.1. hereof  if no demand for payment of the respective
amounts is presented to the Surety by the Principal by December 31, 2010; b) if the Principal refused to accept proper
performance under the Agreement and/orSupplementary
Agreement No. 1as offered by the Agent or the Surety (this provision
shall apply only in respect of the Surety for a specific obligation of the
Agent, which the Principal has refused to accept and shall not terminate the
Surety Deed in its entirety); c)
in the event the Agent has properly performed all of its obligations under the
Agreement secured by the Surety; and d)
in other cases provided by the law.  4.
PROCEEDINGS ON DISPUTES BETWEEN THE PARTIES  The disputes between the
parties in connection with the performance of the obligations under this Deed
shall be referred to the Moscow Arbitrazh Court.  Executed in three counterparts with one for each party.  Registered Addresses and bank Details of the Parties:  Principal Closed
Joint Stock CompanyNew
Channel CJSC New Channel Place of Business: 12, 3 Khoroshevskaya Street, Moscow Mailing Address: 12, 3 Khoroshevskaya Street, Moscow, 123298. INN 7734517148, KPP 773401001 OGRN
1047796750880 current account  4070281031600000353 with OAO Alfa Bank, correspondent account  30101810200000000593 with OPERU of Moscow GTU of Bank of Russia BIK 044525593 Hard Currency Account Details: Beneficiary: Closed Joint Stock Company New
Channel Beneficiary account: 40702.840.1.01603000083 Beneficiary bank: ALFA-Bank, Moscow, Russia
(107078, Kalanchevskaya st., 27)   Surety Closed Joint Stock Company Video International Group of Companies INN 7721132077 OTPH 1027739120254 Registered
Address: 25, Akademika Pavlova Street, Moscow, 121359 Mailing
Addresses: 25, Akademika Pavlova Street, Moscow, 121359 INN
7721097496 OGRN
1027739121497 Current
Account  40702810100700551016 with ZAO KB
Citibank, Correspondent
account 30101810300000000202 BIK 044525202 Tel. 956-1267   2


Agent Closed Joint Stock CompanyKompaniya
TSV Place of Business: 25 Akademeka Pavlova Street,
Moscow 121359 Mailing Address: 25 Akademeka Pavlova Street, Moscow
121359 INN 7731568585 KPP773101001 OGRN 5077746859757 Current account4070 2810 3382 6011 0108 with the Kievskoe Branch of the Savings Bank
of Russia No 5278 Correspondent account3010 1810 4000 0000 0225 BIK044525225   Signatures:  Principal
  
  Surety
  
  Agent/s/ A.E. Rodnyansky
  
  /s/ S.A. Vasiliev
  
  /s/V.L.
  Vshivkin(A.E. Rodnyansky) seal here
  
  (S.A. Vasiliev) seal here
  
  (V.L. Vshivkin) seal
  here
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