99.42 PER CENT OF GYMGROSSISTEN SHARES ACCEPT CDON OFFER

Home // 99.42 PER CENT OF GYMGROSSISTEN SHARES ACCEPT CDON OFFER // 99.42 PER CENT OF GYMGROSSISTEN SHARES ACCEPT CDON OFFER

Stockholm
February 6, 2008
08.00 CET

The Offer is not being made, and this press announcement may not be distributed, directly or indirectly, in or into, nor will any tender of shares be accepted from or on behalf of holders in, United States of America, Australia, Canada, South Africa or Japan or any jurisdiction in which the making of the Offer, the distribution of this press announcement or the acceptance of any tender of shares would contravene applicable laws or regulations or require further offer documents, filings or other actions in addition to those required under Swedish law. This press release is a translation of the Swedish original press release. In case of any discrepancies between the Swedish version and the English version, the Swedish shall take precedence. Modern Times Group MTG AB (publ.) (“MTG”), the international entertainment broadcasting group, announced on 14 December 2007 that its wholly-owned CDON AB (“CDON”) subsidiary had made a recommended cash offer of SEK 33.10 per share for the entire issued share capital of Gymgrossisten Nordic AB (publ) (“Gymgrossisten”) (the “Offer”).

CDON declared the Offer to be unconditional on 23 January 2008 and extended the acceptance period until 1 February 2008. 58,027 additional Gymgrossisten shares were tendered under the terms of the Offer during the extended acceptance period. A total of 5,875,562 shares, equivalent to 99.42 per cent of the total number of issued and outstanding Gymgrossisten shares and voting rights have now been tendered under the terms of the Offer. Settlement of shares tendered during the extended acceptance period will begin on or around 8 February 2008. The Offer will not be extended further. As previously announced, CDON will initiate a mandatory tender for the remaining issued and outstanding Gymgrossisten shares, which have not been tendered under the terms of the Offer. CDON will also apply for the Gymgrossisten share to cease trading on the First North marketplace. An announcement regarding the final trading date of the Gymgrossisten share will be made in due course. *** For further information, please visit www.mtg.se, email investor.relations@mtg.se, or contact: Hans-Holger Albrecht, President & CEO tel: +46 (0) 8 562 000 50 Matthew Hooper, Investor & Analyst Enquiries tel: +44 (0) 20 7321 5010 Bert Willborg, Press Enquiries tel: +44 (0) 791 2280 850

Downlad the press files:

wkr0003.pdf

99.42 PER CENT OF GYMGROSSISTEN SHARES ACCEPT CDON OFFER

99.42 PER CENT OF GYMGROSSISTEN SHARES ACCEPT CDON OFFER

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