The total number of voting rights has consequently increased from 126,518,864 to 126,841,439, and the total share capital now amounts to SEK 335,550,610. Each Class A share entitles the holder to ten voting rights and each Class B and Class C share carries one voting right.

***

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

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

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

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

Modern Times Group is a leading international entertainment broadcasting group with the largest geographical broadcast footprint in Europe. MTG's Viasat Broadcasting is the leading free-TV and pay-TV operator in Scandinavia and the Baltics, and has broadcasting operations in Bulgaria, Czech Republic, Hungary, Slovenia, Russia, Ukraine and Ghana. Viasat’s free-TV and pay-TV channels and pay-TV platforms attract a total of 125 million viewers in 31 countries. MTG is also the major shareholder in Russia’s largest independent television broadcaster (CTC Media – Nasdaq: CTCM), and the number one commercial radio operator and internet retailer of entertainment products in the Nordic region.

Modern Times Group MTG AB Class A and B shares are listed on Nasdaq OMX Stockholm’s Large Cap market (‘MTGA’ and ‘MTGB’).

The information in this announcement is that which Modern Times Group MTG AB is required to disclose under the Securities Markets Act. This information was released for publication at 17.00 CET on 31 August 2010.