MTG: CONFERENCE CALL TO PRESENT THIRD QUARTER AND NINE MONTHS RESULTS 2007

October 16 2007

TUESDAY, 23 OCTOBER 2007
14:00 (UK) / 15:00 (CET)

Hosts:
Hans-Holger Albrecht, President and Chief Executive Officer
Mathias Hermansson, Chief Financial Officer

Modern Times Group MTG AB, the international entertainment broadcasting group, will publish its financial results for the third quarter and nine months of 2007 at 13:00 CET on Tuesday, 23 October 2007.

The company will host a conference call at 15:00 CET.

The conference call will be webcast in ‘listen-only’ mode on MTG’s website at www.mtg.se.

To participate in the conference call, please register at:

http://www.sharedvalue.net/MTG/2007Q3

The dial-in number to join the conference call will be available upon registration.
You may also register by filling in the attached form and returning it by fax to Shared Value on
+44 (0)20 7321 5020 or by contacting Anton Gourman on +44 (0)20 7321 5031 for further details.

Modern Times Group is a leading international entertainment broadcasting group with the second largest geographical broadcast footprint in Europe. MTG class A and B shares are listed on the OMX Nordic Exchange Large Cap market (MTGA and MTGB).

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