SEK 900 MILLION REVOLVING CREDIT FACILITY COMPLETE Deutsche Bank AG London and Merita Nordbanken have successfully closed syndication of the SEK 900 million revolving credit facility (RCF) for Modern Times Group MTG AB, a leading international media group. The facility will be used to finance the conversion of its satellite TV network to from analog to digital, for working capital purposes, and to refinance existing debt. "This is important for the operations of MTG, especially our current conversion from analog to digital television. It gives us a more flexible financing for the group as a whole" says Hans-Holger Albrecht, President and CEO of MTG. The facility was oversubscribed, with commitments of SEK 1 billion raised. Participants in the facility are as follows: Joint Arrangers: Deutsche Bank and Merita-Nordbanken Co-Arranger: Svenska Handelsbanken Managers: Banca Commerciale Italiana, CIBC, Den Norske Bank, Fuji Bank, and ING. MTG has been advised by Banque Invik. For additional information, visit www.mtg.se, send e-mail to info@sharedvalue.net, or contact: Johan Lindgren, Chief Financial Officer MTG, +46 8 562 000 50. Modern Times Group MTG AB has seven business areas: Viasat Broadcasting (free and pay TV comprising 18 television channels in eight countries), Radio (seven networks in five countries), New Media (the Everyday interactive TV portal, Internet portal, and teletext service), Publishing (financial news and media services, other magazine and book publishing), Modern Interactive (traditional home shopping, e-commerce, and logistics), SDI Media (subtitling and dubbing services), and Modern Studios (content production and film library). Modern Times Group MTG AB's class A and B shares are listed on the OM Stockholm Exchange's O list (symbols: MTGA and MTGB) and on the Nasdaq National Market in New York (symbol: MTGNY). ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/01/09/20010109BIT00690/bit0001.doc http://www.bit.se/bitonline/2001/01/09/20010109BIT00690/bit0002.pdf