MTG management changes

MTG has today made changes to its management structure, in order to further
integrate the Group’s activities and bring us even closer to our consumers and
partners in each market.
These changes include the appointment with immediate effect of MTG Executive
Vice President Anders Jensen as CEO of MTG Sweden; Kim Poder as CEO of MTG
Denmark; and Trygve Rønningen as CEO of MTG Norway. The country management roles
are responsible for MTG’s free-TV, pay-TV and radio operations in each Nordic
country.

MTG digital accelerator MTGx comprises Viaplay, Play and Ventures, and Jonas
Karlén is appointed as CEO of Viaplay with effect from 18 August. Both he and
Arnd Benninghof (CEO of Play & Ventures) report to MTG Executive Vice President
and Chief Digital Officer Rikard Steiber.

In addition, MTG Executive Vice President Jette Nygaard-Andersen now also
becomes CEO of the Group’s Central European free-TV, radio and local digital
operations (in the Baltics, Czech Republic and Bulgaria), and CEO of MTG
Broadcasting Technology. Marek Singer steps down as MTG Executive Vice President
to take on the full time role as CEO of MTG’s Prima TV joint venture in the
Czech Republic.

MTG’s Group-wide management functions otherwise remain the same and include MTG
Executive Vice President Jakob Mejlhede’s responsibility for Programming and
Content Development, and MTG Senior Vice President Peter Nørrelund’s
responsibility for sport.

The changes are effective immediately and no other changes have been made to the
MTG executive management team.

“These changes reflect our desire to capitalize on fast moving consumer trends
in our markets, as video viewing is increasingly multi-screen, online and
mobile. This moves us even closer to our audiences through the multiple contact
points provided by our unique range of highly relevant online and offline
entertainment products. Our modern organization must therefore combine local
execution with central Group functions that drive synergies and operational
efficiency. The combination of our country organisations, the MTGx digital
accelerator, and Nice content businesses is a winning formula.

Most of the new positions created today have been filled by internal
appointments, which demonstrate the strength and depth in the management team.
These talented and experienced managers will now work to develop their local
organisations and streamline the relationships with our group central functions,
so that we get the maximum benefit from this new set-up.”

Jørgen Madsen Lindemann, MTG President and CEO

Please see http://www.mtg.com/our-people/our-management-team/   for further
information about the executive management team http://www.mtg.com/our
-people/our-management-team/senior-management-appointments/ for the other key
appointments mentioned above.

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MTG (Modern Times Group MTG AB (publ.)) is an international entertainment group.
Our operations span six continents and include TV channels and platforms, online
services, content production businesses and radio stations. We are also the
largest shareholder in CTC Media, which is Russia’s leading independent media
company. Our shares are listed on Nasdaq Stockholm (‘MTGA’ and ‘MTGB’).

The information in this announcement is that which MTG is required to disclose
according to the Securities Market Act and/or the Financial Instruments Trading
Act, and was released at 09:00 CET on 20 May 2015.