The acquisition was completed following approval from the regulatory authorities in Ukraine. MTG will now fully consolidate the operating results for Viasat Ukraine in the ‘Pay-TV Emerging Markets’ business segment of the Viasat Broadcasting business area.

***

For further information, please visit www.mtg.se or contact: 

Hans Holger Albrecht, Chief Executive Officer
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
Tel:                               +44 (0) 791 2280 850
Email:                           bert.willborg@mtg.se

Modern Times Group is a leading international entertainment broadcasting group with the largest geographical broadcast footprint in Europe. MTG's Viasat Broadcasting is the leading free-TV and pay-TV operator in Scandinavia and the Baltics, and has broadcasting operations in Bulgaria, Czech Republic, Hungary, Slovenia, Russia, Ukraine and Ghana. Viasat’s free-TV and pay-TV channels and pay-TV platforms attract a total of 125 million viewers in 31 countries. MTG is also the major shareholder in Russia’s largest independent television broadcaster (CTC Media – Nasdaq: CTCM), and the number one commercial radio operator and internet retailer of entertainment products in the Nordic region. 

Modern Times Group MTG AB Class A and B shares are listed on Nasdaq OMX Stockholm’s Large Cap market (‘MTGA’ and ‘MTGB’).

The information in this announcement is that which Modern Times Group MTG AB is required to disclose under the Securities Markets Act. This information was released for publication at 14.00 CET on 09 June 2010.