The Group’s total number of issued shares remains unchanged at 67,647,124. Following this distribution of the 209,285 Class B shares, MTG now holds a total 169,602 Class B shares and 865,000 Class C shares as treasury shares. Class C shareholders are not entitled to dividend payments.

The total number of MTG voting rights remains unchanged at 120,557,503, as well as the total share capital of SEK 338,235,620. 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, Chief Executive Officer
Tel:                               +46 (0) 8 562 000 50

Matthew Hooper, Head of Corporate Communications & Planning
Tel:                               +44 (0) 7768 440 414
Email:                           investor.relations@mtg.se / press@mtg.se

Modern Times Group (MTG) is an international entertainment broadcasting group with operations that span four continents and include free-TV, pay-TV, radio and content production businesses. MTG’s Viasat Broadcasting operates free-TV and pay-TV channels, which are available on Viasat’s own satellite platforms and third party networks, and also distributes TV content over the internet. MTG is also the largest shareholder in CTC Media, which is Russia’s leading independent television broadcaster.

Modern Times Group is a growth company and generated record net sales of SEK 13.5 billion in 2011. MTG’s Class A and B shares are listed on Nasdaq OMX Stockholm’s Large Cap index under the symbols ‘MTGA’ and ‘MTGB’.

The information in this announcement is that which Modern Times Group MTG AB is required to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. It was released for publication at 15:30 CET on 30 April 2012.