MTG: Preliminary Reporting Dates


STOCKHOLM, Sweden, Jan. 16, 2002 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY), the international media group, today announced the following dates for the release of its preliminary quarterly results statements and the Annual General Meeting for 2002:


   Q4 2001 and Full Year Report          February 19, 2002
                              
   Q1 2002 Interim Report                April 24, 2002
                              
   Annual General Meeting                May 16, 2002 (Stockholm)
                              
   Q2 2002 Interim Report                August 5, 2002
                              
   Q3 2002 Interim Report                October 23, 2002

Modern Times Group MTG AB has seven business areas: Viasat Broadcasting (Free-to-air and Pay-TV channels in nine countries), Radio (seven networks in five countries), New Media (the Everyday interactive TV portal, Internet portal, Mobile portal and teletext services), Publishing (financial news and information services), Modern Interactive (home shopping, e-commerce and logistics), SDI Media (subtitling and dubbing services) and Modern Studios (content production and library).

Modern Times Group MTG AB's class A and B shares are listed on the Stockholmsborsen O-list (symbols: MTGA and MTGB) and ADRs are listed on the Nasdaq National Market in New York (symbol: MTGNY).

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