MTG: CHANGES IN THE NUMBER OF VOTING RIGHTS IN THE COMPANY

March 4 2008

Modern Times Group MTG AB (publ.) (‘MTG’ or ‘the Group’), the international entertainment broadcasting group, today announced that, following the reclassification of a total of 38,289 MTG Class A shares into MTG Class B shares, the total number of Class A shares has decreased from 15,241,668 shares to 15,203,379 in February. The total number of Class B shares has increased from 51,829,872 to 51,868,161. The total number of issued MTG shares remains unchanged at 67,071,540 and the amount of outstanding shares net of repurchased shares amount to 66,352,540 as of today. As a result of the reclassification, the total number of voting rights in MTG has decreased from 203,527,552 to 203,182,951. The share capital of MTG remains unchanged at SEK 335,357,700.


For further information, please visit www.mtg.se, email info@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

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