MTG acquires Champions League rights in the Czech Republic


Modern Times Group MTG AB (publ.) (‘MTG’ or ‘the Group’), the international
entertainment broadcasting group, today announced that it has acquired live TV
broadcasting rights to UEFA Champions League football in the Czech Republic from
the start of the next championship later this year until the end of the
2014/2015 championship. The rights include broadcast coverage on free-TV and
exclusive rights to pay-TV, mobile and internet coverage in the Czech
Republic.
MTG will have exclusive broadcasting rights to Tuesday matches and all but one
Wednesday match from the qualifying matches, the group stages and the play-offs
through to the semi-finals. The games will be broadcast live and in highlights
shows on the Prima COOL free-TV channel and include local language commentary,
studio analysis and interviews. MTG has also secured the exclusive pay-TV rights
for the final.

Prima COOL is a general entertainment channel targeting 20-40
year old male viewers and is distributed via the Czech digital terrestrial
network, as well as through cable, satellite and IPTV networks. MTG also
operates the Prima Family and Prima LOVE channels as part of its Czech free-TV
media house. The three channels have a combined commercial share of viewing
amongst 15 to 54 year olds of approximately 37%.

MTG holds the TV broadcast
rights to the UEFA Champions League in Sweden, Norway, Denmark, Finland,
Estonia, Latvia, Lithuania, Bulgaria and Ghana.

The rights have been acquired
from TEAM Marketing, which is UEFA’s world-wide agent for the exploitation of
the commercial rights to the UEFA Champions League.

Hans-Holger Albrecht,
President and CEO of MTG, commented: “The acquisition of these hugely popular
rights for Prima not only builds on our long and successful partnership with
TEAM and UEFA, but will also add a new dimension to Prima’s programming
schedules. The Champions League is Europe’s premier club competition and
features leading players from all over the world. Both Czech players and teams
have played in the League and the interest amongst football fans is growing
every year.”

***
For further information, please visit www.mtg.se or contact:

Hans-Holger
Albrecht, Chief Executive Officer
Tel:                               +46 (0) 8
562 000 50

Matthew Hooper, Head of Corporate Communications &
Planning
Tel:                               +44 (0) 7768 440
414
Email:                           investor.relations@mtg.se / press@mtg.se
Modern Times Group (MTG) is an international entertainment broadcasting group
with operations that span four continents and include free-TV, pay-TV, radio and
content production businesses. MTG’s Viasat Broadcasting operates free-TV and
pay-TV channels, which are available on Viasat’s own satellite platforms and
third party networks, and also distributes TV content over the internet. MTG is
also the largest shareholder in CTC Media, which is Russia’s leading independent
television broadcaster.

Modern Times Group is a growth company and generated
record net sales of SEK 13.5 billion in 2011. MTG’s Class A and B shares are
listed on Nasdaq OMX Stockholm’s Large Cap index under the symbols ‘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 11:00 CET
on 25 April 2012.

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