MTG CAPITAL MARKETS DAY

MTG CAPITAL MARKETS DAY

Modern Times Group MTG AB (publ.) (‘MTG' or ‘the Group'), the international
entertainment broadcasting group, will hold a Capital Markets Day on Friday, 23
May in London. The day will include presentations by MTG senior management on
various aspects of the Group´s business. Guests are also invited to join the
Modern Times Group management team for an evening reception on 23 May. In order
to register, please contact MTG Investor Relations by email or telephone as
indicated below.

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

Modern Times Group MTG Investor Relations		
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-TV and satellite premium pay-TV operator in
Scandinavia and the Baltics, and also operates channels in the Czech Republic,
Hungary, Slovenia and the Balkans. MTG's TV assets are broadcast in a total of
24 countries and reach over 100 million people. MTG is also the major
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').