Extraordinary General Meeting 2010

Modern Times Group MTG AB (publ.) (‘MTG’ or ‘the Group’), the international entertainment broadcasting group, announced on 21 October 2010 that the Extraordinary General Meeting of MTG shareholders (‘EGM’), which was held that day in Stockholm, voted to approve the proposed distribution of all of the shares in MTG’s wholly-owned subsidiary CDON Group AB (“CDON Group”) to MTG shareholders.