SUCCESS FOR VIASAT'S INTERNET VIA SATELLITE Over 1 500 registrations for Internet subscriptions have come in to ViaSat, which together with Tele2 was the first actor in Scandinavia to launch Internet communications via satellite. This successful Internet service provides communication at approximatley twice the speed available via ISDN. The availability of Internet access via satellite dish, which got off the ground in the middle of February, has been given a warm reception by ViaSat's card holders in Sweden. In just two weeks, over 1 500 people have registred their interest and ordered an additional PC-card and the equipment needed to gain to the new Internet service. The receiver speed of 200-300 kbps makes it possible to surf the net from home , by using a domestic satellite dish, and this is much faster than using a normal modem. Hans-Holger Albrecht, Managing Director of MTG's Pay-TV division, says: The success of this new and unique Internet service shows the potential for ViaSat when it comes to multi-media applications. What we have here is a basis on which ViaSat will be able to expand its business opportunities in the future. It seems like we have found a very attractive product for the customer. For further information, please visit www.mtg.se, or email info@mtg.se or contact: Hans-Holger Albrecht, President & CEO tel: +46 8 562 000 50 Matthew Hooper, Investor & Press Relations tel: +44 20 7321 5010 Modern Times Group MTG AB has seven business areas: Viasat Broadcasting (free-to-air and pay TV channels in nine countries), Radio (seven networks in five countries), New Media (the Everyday interactive TV portal, Internet portal, Mobile portal, and teletext services), Publishing (financial news and information services), Modern Interactive (home shopping, e-commerce, and logistics), SDI Media (subtitling and dubbing services), and Modern Studios (content production and library). Modern Times Group MTG AB's class A and B shares are listed on the Stockholmsbörsen O-list (symbols: MTGA and MTGB) and on the Nasdaq National Market in New York (symbol: MTGNY). MODERN TIMES GROUP MTG AB Skeppsbron 18, Box 2094, SE-103 13 Stockholm, Sweden Tel. +46 8 562 000 50 Fax. +46 8 20 50 74 (Publ) Registration No. 556309- 9158 www.mtg.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/01/05/20040105BIT00250/wkr0001.doc http://www.waymaker.net/bitonline/2004/01/05/20040105BIT00250/wkr0002.pdf