MTG: CONFERENCE CALL TO PRESENT THIRD QUARTER AND NINE MONTHS RESULTS 2008

TUESDAY, 21 OCTOBER 2008, 14:00 (UK) / 15:00 (cet)

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

Modern Times Group MTG AB will publish its financial results for the third quarter and first nine months of 2008 at 13:00 CET on Tuesday, 21 October 2008.

The company will host a conference call at 15:00 CET.

To register for the conference call, please register at:

http://www.sharedvalue.net/MTG/2008Q3

The dial-in number to join the conference call will be available upon registration.

The conference call will be webcast in ‘listen-only’ mode on MTG’s website at www.mtg.se.

You may also register by filling in the attached form and returning it by fax to Shared Value on
+44 (0)20 7016 9100, or by contacting Anton Gourman on +44 (0)20 7321 5031.