MTG: TV3 & KANAL 5 TO BE AVAILABLE ON BOTH VIASAT AND CANAL DIGITAL SATELLITE & IPTV PLATFORMS

MTG: TV3 & KANAL 5 TO BE AVAILABLE ON BOTH VIASAT AND CANAL DIGITAL SATELLITE &
IPTV PLATFORMS

Modern Times Group MTG AB (publ.) (‘MTG' or ‘the Group'), the international
entertainment broadcasting group, today announced that Viasat Broadcasting has
signed an agreement with Canal Digital in Sweden to include the Kanal 5 channel
on Viasat's DTH satellite and IPTV platforms, and for TV3 to be made available
on the Canal Digital satellite and IPTV platforms. The channels will be included
in Viasat's and Canal Digital's pay-TV offerings from 13 February 2008 until the
end of 2015. 

Viasat will include Kanal 5 in its ‘Entertainment' package, which is available
as part of its satellite offering in Sweden, for customers subscribing to at
least two interest packages. The Channel will also be made available to Viasat's
premium IPTV subscribers. TV3 will be available as part of Canal Digital's
‘Family' package. Viasat and Canal Digital have also agreed to extend the
distribution of Viasat channel TV8 on the Canal Digital platform until the end
of 2009.

Hans-Holger Albrecht, President and CEO of MTG, commented: “The inclusion of
Kanal 5 in our pay-TV package is a major step in the development of our channel
offering. We have now ensured that Viasat subscribers can watch all six major
Swedish TV channels on our platform. The agreement also makes TV3 available to
Canal Digital's subscribers, which will further increase TV3's reach and profile
with advertisers.”

“We have been working towards this swap for several years now and are very happy
to be able finally to exchange the channels. This is not only an important
development for our businesses, but also a milestone for the Swedish television
market, enabling satellite viewers to access the major channels across both
platforms.”

***

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

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

Matthew Hooper, Investor & Analyst Enquiries		
tel: +44 (0) 20 7321 5010

Bert Willborg, Press Enquiries			
tel +44 (0) 791 2280 850


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 24 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 OMX Nordic
Exchange 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 Market Act and/or the Financial
Instruments Trading Act. It was released for publication at 08.00 CET on 5
February, 2008.