Each Class A share has ten voting rights and each Class B and Class C share carries one voting right. The total number of voting rights therefore decreased from 125,344,792 to 120,557,503 in August, and the total number of voting rights, when excluding the Class B and C shares held by MTG, decreased from 124,100,905 to 119,313,616.

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

Hans-Holger Albrecht, Chief Executive OfficerMathias Hermansson, Chief Financial OfficerTel:                               +46 (0) 8 562 000 50

Investor & Analyst Enquiries:Jacob Waern / Matthew HooperTel:                               +46 (0) 736 99 29 91 / +44 (0) 7768 440 414Email:                           investor.relations@mtg.se

Media Enquiries:Jacob Waern                Tel:                               +46 (0) 736 99 29 91Email:                           press@mtg.se 

Modern Times Group is an international entertainment broadcasting group with the largest geographical broadcast footprint in Europe. MTG's Viasat Broadcasting operates 28 free-TV channels in 11 countries and 38 pay-tv channels in 32 countries. The pay-tv channels are distributed on Viasat’s own satellite platforms in 9 countries, as well as on third party broadcast networks (including cable, satellite and IPTV) and over the open internet. These free-TV and pay-TV channels and pay-TV platforms attract a total of 125 million viewers in 33 countries. MTG is also the largest shareholder in Russia’s leading independent television broadcaster (CTC Media – Nasdaq: CTCM).

Modern Times Group is a growth company and generated SEK 13.1 billion of sales and SEK 2.4 billion of operating income in 2010. 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 17.00 CET on 31 August 2011.