TELECONFERENCE CALL YEAR END ANNOUNCEMENT MODERN TIMES GROUP MTG AB Monday, February 21, 2000 11.00 a.m., New York Time, 5.00 p.m., CET We are pleased to invite you to a conference call Monday, February 21, 2000, 11.00 a.m. New York Time, 5.00 p.m. CET to review Modern Times Group´s Year End Announcement. Pelle Törnberg, President and Chief Executive Officer and Johan Lindgren, Chief Financial Officer, will represent Modern Times Group. Prepared remarks will take approximately 20 minutes and will be followed by a question-and-answer session. The Year End Announcement will be released Monday, February 21, 09.00 a.m., New York Time, 3.00 p.m. CET. It will be released by fax and at Internet: www.mtg.se, where the presentation also will be available. To register for this teleconference, send an e-mail to register@mtg.se. You will be provided with a personal code and a short information about the telephone meeting. All interested participants will need a touch-tone telephone and the code to access the teleconference. The telephone meeting number is +46 8 562 127 28. If you are unable to participate at the scheduled time, a recording of the teleconference will be available for seven days after the call. Please call +46 8 598 090 00, press the meeting number 562 127 28 and then the pin 000221. If you have any queries about the teleconference, please contact Carl Johan Åkeson at Modern Times Group MTG AB +46 8 562 000 39. Modern Times Group MTG AB is listed on the Swedish Stock Exchange, O List, under the symbol MTG and on Nasdaq in New York'under the symbol MTGNY. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/14/20000214BIT00530/bit0001.doc http://www.bit.se/bitonline/2000/02/14/20000214BIT00530/bit0002.pdf