MTG: CHANGES IN THE NUMBER OF VOTING RIGHTS IN THE COMPANY

MTG: CHANGES IN THE NUMBER OF VOTING RIGHTS IN THE COMPANY

Modern Times Group MTG AB (publ.) (‘MTG' or ‘the Group'), the international
entertainment broadcasting group, today announced that, following the
reclassification of a total of 38,289 MTG Class A shares into MTG Class B
shares, the total number of Class A shares has decreased from 15,241,668 shares
to 15,203,379 in February. The total number of Class B shares has increased from
51,829,872 to 51,868,161. The total number of issued MTG shares remains
unchanged at 67,071,540 and the amount of outstanding shares net of repurchased
shares amount to 66,352,540 as of today. As a result of the reclassification,
the total number of voting rights in MTG has decreased from 203,527,552 to
203,182,951. The share capital of MTG remains unchanged at SEK 335,357,700.

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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, 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 4
March, 2008.