The digital terrestrial network will be launched in Norway at the beginning of September 2007 and the analogue switch-off will be completed by the end of 2009. RiksTV, owned by Norwegian companies NRK, TV2 and Telenor, is the pay-TV operator for the new network. TV3 is a well established free-to-air TV channel in Norway and SportN is a cooperation between NRK and MTG. Viasat4 is a new channel which will be launched later this year and will correspond to TV6 in Sweden, which was launched to complement TV3 Sweden in May 2006, during the beginning of the Swedish analogue switch-off.

Hans-Holger Albrecht, President and CEO of MTG, commented: “The inclusion in RiksTV’s offering is an important driver in the development of Viasat’s channels, and we will be able to attain significant penetration increases in Norway for the channels as the DTT network grows.”

***

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

Hans-Holger Albrecht, President & CEO
tel: +46 (0) 8 562 000 50

Matthew Hooper, Corporate Communications
tel: +44 (0) 20 7321 5010

Modern Times Group is a leading international entertainment broadcasting group with the second largest geographical broadcast footprint in Europe. MTG's Viasat Broadcasting is the largest free-to-air and satellite premium pay-TV operator in Scandinavia and the Baltics, and also operates channels in the Czech Republic, Russia, Hungary, Slovenia and the Balkans. Viasat channels are broadcast in a total of 26 countries and reach 100 million people. MTG is also the biggest shareholder in Russia’s largest independent television network (CTC Media - NASDAQ: CTCM), and the number one commercial radio operator in the Nordic and Baltic regions.

Modern Times Group MTG AB class A and B shares are listed on the Nordic Stock Exchange Large Cap market (‘MTGA’ and ‘MTGB’).