Executive management appointments

Executive management appointments

Modern Times Group MTG AB (publ.) (‘MTG' or ‘the Group'), the
international entertainment broadcasting group, today announced that
Anders Nilsson, Chief Operating Officer of MTG, will assume
responsibility for the Group's pay-TV operations in the Baltic region.
In addition, Irina Gofman, CEO MTG Russia & CIS will assume
responsibility for the Group's mini-pay channel business in CEE and
other emerging markets and for the Group's satellite pay-TV platform in
Ukraine. These changes come into effect on 31 May 2011.

Anders Nilsson has worked at MTG for 19 years and served as MTG's Chief
Operating Officer since 2008, and between 2000 and 2003. He is also
currently Head of the Group's free-TV operations in the Baltics and
Slovenia, and Head of MTG's Bulgarian TV operations. Anders previously
served as Head of MTG Sweden between 2003 and 2007, and as CEO of MTG's
Online business area between 2008 and 2010. Anders became President of
the Group's radio operations in 1997 and was appointed President of
MTG's publishing business area in 2000.

Irina has served as CEO MTG Russia & CIS since 2008, and previously
worked for the Group between 2002 and 2004 as Chief Operating Officer of
the DTV Russian national TV network. Irina was also instrumental in the
launch and establishment of MTG's mini-pay channel business in Russia.
She is also a non-executive member of the Board of Directors of CTC
Media, Inc., in which MTG owns a 38.2% stake.  

Hans-Holger Albrecht, President and CEO of MTG, commented: “Ulrik
Bengtsson has decided to leave the company for family reasons and I
would like to thank him for his dedication and contribution to the
Group's success over the past seven years. Ulrik first joined as CEO of
Viasat Sweden in August 2004 and has been CEO of Pay-TV Emerging Markets
since January 2008 and we wish him well for the future. These changes
mark a natural progression of the MTG Media House Strategy, combining
both our free- and pay-TV activities under one roof, as well as
consolidating our pay-TV operations”.

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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:
Jacob Waern / Matthew Hooper
Tel:  +46 (0) 736 992 991 / +44 (0) 7768 440 414
Email: investor.relations@mtg.se (investor.relations@mtg.se) 

Media Enquiries:
Jacob Waern
Tel: +46 (0) 736 992 991
Email: press@mtg.se (press@mtg.se)