Modern Times Group MTG AB (publ.) (‘MTG’ or ‘the Group’), the international entertainment broadcasting group, today announced that 6,440 new Class B shares were issued in November as a result of the exercising of stock options related to the 2005 incentive programme. The total number of Class A shares remains unchanged at 7,930,701, whilst the total number of Class B shares has increased in November to 57,966,114 from 57,959,674. The total number of outstanding shares is now 65,896,815 shares. MTG also holds 850,000 MTG Class C shares, and the total number of issued shares therefore now amounts to 66,746,815. Class C shareholders are not entitled to dividend payments.