CHANGE IN NUMBER OF SHARES AND VOTING RIGHTS

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Stockholm
March 31, 2010
13.00 CEST

Modern Times Group MTG AB (publ.) (‘MTG’ or ‘the Group’), the international entertainment broadcasting group, today announced that 11,726 new Class B shares were issued in March as a result of the exercising of stock options related to the 2005 incentive programme. The total number of Class B shares has increased to 59,271,468 from 59,259,742 during March, whilst the total number of Class A shares remains unchanged at 6,637,073. The total number of outstanding shares is now 65,908,541. MTG also holds 850,000 MTG Class C shares, and the total number of issued shares therefore now amounts to 66,758,541. Class C shareholders are not entitled to dividend payments.

The total number of voting rights has consequently increased to 126,492,198 from 126,480,472, and the total share capital now amounts to SEK 333,792,705. Each Class A share entitles the holder to ten voting rights and each Class B and Class C share carries one voting right. *** For further information, please visit www.mtg.se or contact: Hans-Holger Albrecht, President & CEO Tel: +46 (0) 8 562 000 50 Investor & Analyst Enquiries: Matthew Hooper Tel: +44 (0) 7768 440 414 Email: investor.relations@mtg.se Media Enquiries: Bert Willborg +44 (0) 791 2280 850 Email: bert.willborg@mtg.se

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CHANGE IN NUMBER OF SHARES AND VOTING RIGHTS

CHANGE IN NUMBER OF SHARES AND VOTING RIGHTS

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