CHANGE IN NUMBER OF SHARES AND VOTING RIGHTS

CHANGE IN NUMBER OF SHARES AND VOTING RIGHTS

Modern Times Group MTG AB (publ.) (‘MTG' or ‘the Group'), the
international entertainment broadcasting group, today announced that
297,002 new Class B shares were issued in November as a result of the
exercising of stock options according to the terms of the 2006 and 2007
incentive programmes. The total number of Class B shares has therefore
increased from 59,408,309 to 59,705,311 during November, whilst the
total number of Class A shares has remained unchanged at 6,636,813. The
total number of outstanding shares has therefore increased from
66,045,122 to 66,342,124 in November. MTG also holds 1,065,000 Class C
shares, and the total number of issued shares has therefore increased
from 67,110,122 to 67,407,124 in November. Class C shareholders are not
entitled to dividend payments.

The total number of MTG voting rights has consequently increased from
126,841,439 to 127,138,441 in November, and the total share capital has
increased from SEK 335,550,610 to SEK 337,035,620. Each Class A share
entitles the holder to ten voting rights and each Class B and Class C
share carries one voting right.

 

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For further information, please visit www.mtg.se (http://www.mtg.se/) or
contact:

Hans-Holger Albrecht, President & CEO
Tel: +46 (0) 8 562 000 50 

Investor & Analyst Enquiries:
Matthew Hooper
Tel: +44 (0) 7768 440 414
Email: investor.relations@mtg.se (investor.relations@mtg.se) 

Media Enquiries:
Bert Willborg
Tel: +44 (0) 791 2280 850
Email: bert.willborg@mtg.se (bert.willborg@mtg.se)