CONFERENCE CALL TO PRESENT FOURTH QUARTER AND FULL YEAR RESULTS 2006

FRIDAY, 16 FEBRUARY 2007
09:00 AM (UK) / 10:00 AM (CET)

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

Modern Times Group MTG AB, the international entertainment broadcasting group, will publish its financial results for the fourth quarter and full year 2006 at 08:00 CET on Friday, 16 February 2007.

The company will host a conference call at 10:00 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/2006Q4

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 MTG AB is an international entertainment broadcasting group with operations in more than 30 countries around the world. MTG class A and B shares are listed on the Large-Cap list of the Nordic Stock Exchange (MTGA and MTGB).