Change in number of MTG Class A and B shares and voting rights

Modern Times Group MTG AB (publ.) (‘MTG’ or ‘the Group’), the international entertainment broadcasting group, today announced that the total number of MTG Class A shares has decreased from 5,878,931 to 5,018,491, and the total number of MTG Class B shares has increased from 60,903,193 to 61,763,633, following the reclassification by shareholders of 860,440 MTG Class A shares into MTG Class B shares during August. 

The total number of MTG Class C shares is unchanged at 865,000. The total number of issued MTG shares therefore remains 67,647,124 and the total share capital is unchanged at SEK 338,235,620. MTG holds 159,413 of the Class B shares and all of the 865,000 Class C shares in treasury, and the total number of outstanding shares therefore remains 66,622,711.

Each Class A share has ten voting rights and each Class B and Class C share carries one voting right. The total number of voting rights therefore decreased from 120,557,503 to 112,813,543 in August, and the total number of voting rights, when excluding the Class B and C shares held by MTG, decreased from 119,533,090 to 111,789,130.

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For further information, please visit www.mtg.se or contact:

Jørgen Madsen Lindemann, President & Chief Executive Officer
Tel:                               +46 (0) 8 562 000 50

Matthew Hooper, Executive Vice President of Corporate Communications
Tel:                               +44 (0) 7768 440 414
Email:                           investor.relations@mtg.se / press@mtg.se

Modern Times Group (MTG) is an international entertainment broadcasting group with operations that span four continents and include free-TV, pay-TV, radio and content production businesses. MTG’s Viasat Broadcasting operates free-TV and pay-TV channels, which are available on Viasat’s own satellite platforms and third party networks, and also distributes TV content over the internet. MTG is also the largest shareholder in CTC Media, which is Russia’s leading independent television broadcaster.

Modern Times Group is a growth company and generated net sales of SEK 13.3 billion in 2012. MTG’s Class A and B shares are listed on Nasdaq OMX Stockholm’s Large Cap index under the symbols ‘MTGA’ and ‘MTGB’.

The information in this announcement is that which Modern Times Group MTG AB is required to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. It was released for publication at 15:00 CET on 30 August 2013.