MTG announced on 31 July 2008 that it had signed an agreement to acquire 100% of Nova Televisia Bulgaria, the second largest television channel in Bulgaria, for EUR 620 million in cash, on a cash and debt free basis and subject to closing adjustments. It was also announced that the acquisition would be financed from MTG’s existing available liquid funds and the arrangement of additional debt financing. The acquisition is subject to regulatory approval and is expected to be completed by the end of October 2008. The new facility is arranged and provided by SEB and Nordea. The facility is unsecured with no required amortisations prior to final repayment, and is available for draw down in Swedish krona or euro. The Group’s existing SEK 3.5 billion five year revolving multi-currency credit facility, which was signed in February 2006, remains in place. The Group had a net cash position of SEK 1,675 million as at the latest reported balance sheet date of 30 June 2008. Hans-Holger Albrecht, President and CEO of MTG, commented: “The new credit facility, combined with our existing funding, provides for the full financing of our acquisition of Nova ahead of the closing of the transaction. It also provides us with the continued flexibility to invest in our existing and new businesses and enhance shareholder returns moving forward.” *** For further information, please visit www.mtg.se or contact: Hans-Holger Albrecht, President & CEO Tel: +46 (0) 8 562 000 50 Mathias Hermansson, CFO Tel: +46 (0) 8 562 000 50 Investor & Analyst Enquiries Matthew Hooper / Oscar Hyléen Tel: +44 (0) 7768 440 414 / +46 (0) 707 620 024 Email: investor.relations@mtg.se Press Enquiries Bert Willborg Tel: +44 (0) 791 2280 850 Email: bert.willborg@mtg.se