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2014-06-26

MTG: MTG completes acquisition of Trace

Modern Times Group MTG AB (publ.) (`MTG' or `the Group'), the
international entertainment group, today announced that it has
completed the acquisition of 75% of Trace Partners SAS following
regulatory approval by the French media authorities.

The Trace management own the remaining 25% of the company, and Trace
co-founder Olivier Laouchez will continue as Chairman and CEO of the
company.

MTG will consolidate Trace in its accounts with effect from 1 July
2014 and report it within the Pay-TV Emerging Markets business
segment.

Trace is a global youth media brand and pay-TV channel operator with
distribution agreements in 160 countries worldwide, including all 55
countries in Africa.

***

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

Investors & Analysts
Tel: +46 (0) 73 699 2714
Email: investor.relations@mtg.se

Journalists
Tel: +46 (0) 73 699 2709
Email: press@mtg.se

Modern Times Group (MTG) is an international entertainment 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
14.1 billion in 2013. 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 16.30 CET on 26 June 2014.

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http://news.cision.com/mtg/r/mtg-completes-acquisition-of-trace,c9608597
http://mb.cision.com/Main/56/9608597/261252.pdf

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