Q3 2003 Financial results and conference call

October 15 2003

MTG will announce its financial results for the third quarter and nine months ended September 30, 2003 at 13.00 Central European Time on Wednesday, October 22, 2003.

The company will host a conference call to present the results at 15.00 Central European Time on the same day. The teleconference will also be webcast at www.mtg.se.

Presenters:
Hans-Holger Albrecht – President and Chief Executive

Officer
Mia Brunell – Chief Financial Officer
Andrew Barron – Chief Operating Officer

If you wish to register for the conference call, please send an email to
mtg@sharedvalue.net by 12.00 CET on Tuesday, October 21, 2003,
referencing ‘MTG’ in the subject line.

Modern Times Group MTG AB has five business areas: Viasat Broadcasting
(free-to-air and pay-TV broadcasting operations in nine countries and
teletext operations in four countries), Radio (seven national networks
or local stations in five countries), TV-Shop (home shopping and
logistics), SDI Media (subtitling and dubbing services), and Modern
Studios (content production and distribution).

Modern Times Group MTG AB class A and B shares are listed on the
Stockholmsbörsen O-list (symbols: MTGA and MTGB) and ADRs are listed on
the Nasdaq National Market (symbol: MTGNY).


This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2003/10/15/20031015BIT01210/wkr0001.doc
http://www.waymaker.net/bitonline/2003/10/15/20031015BIT01210/wkr0002.pdf

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