Modern Times Group MTG AB, the international entertainment broadcasting group, will publish its financial results for the third quarter and nine months of 2007 at 13:00 CET on Tuesday, 23 October 2007.

The company will host a conference call at 15:00 CET.

The conference call will be webcast in ‘listen-only’ mode on MTG’s website at www.mtg.se.

To participate in the conference call, please register at:

http://www.sharedvalue.net/MTG/2007Q3

The dial-in number to join the conference call will be available upon registration.
You may also register by filling in the attached form and returning it by fax to Shared Value on
+44 (0)20 7321 5020 or by contacting Anton Gourman on +44 (0)20 7321 5031 for further details.

Modern Times Group is a leading international entertainment broadcasting group with the second largest geographical broadcast footprint in Europe. MTG class A and B shares are listed on the OMX Nordic Exchange Large Cap market (MTGA and MTGB).