MTG: NORWEGIAN TV2 CHANNELS TO BE INCLUDED IN VIASAT PAY-TV OFFERING

MTG: NORWEGIAN TV2 CHANNELS TO BE INCLUDED IN VIASAT PAY-TV OFFERING

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 TV2 Norway to include the TV2 channel, the TV2 news
channel and the TV2 movie channel on Viasat's DTH satellite pay-TV platform in
Norway. The TV2 channel will be available to all Viasat subscribers from 3 March
2008 with the two additional channels to be included by no later than 1 April
2008.

TV2 is the leading commercial TV channel is Norway. TV2 will be included in the
basic tier of Viasat's DTH satellite pay-TV offering, which is available to all
Viasat satellite subscribers. The TV2 news channel will also be included in the
basic tier, whilst the TV2 Film channel will be included in Viasat's movie
package.

Hans-Holger Albrecht, President and CEO of MTG, commented: "The inclusion of the
TV2 channels in Viasat's offering in Norway is a major step in the development
of our pay-TV platform. This move will enable our subscribers to watch the Euro
2008 football championship, as well as provide access to a wide selection of
popular entertainment programming. The Norwegian TV market is currently in a
critical phase of its development, with the first shut downs in the analogue
network due to take place from 5 March.” 

“This agreement is very important to the continued development of our Norwegian
platform, and is expected to both boost new sales and reduce churn moving
forward. We have been working towards this outcome for several years, and this
is an important step in making all of the major TV channels in Norway available
on all platforms and to all subscribers.”

***


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 13.15 CET on 28
February, 2008.