MTG: Temporary Senior Management Change

Regulatory News:

MTG (STO:MTGB)(STO:MTGA):

Mathias Hermansson will be taking a sabbatical from his role as MTG Chief Financial Officer between 18 June and 18 December 2015. MTG Head of Group Finance Maria Redin, who has been with MTG for 11 years, will become Acting Chief Financial Officer and take on the majority of Mathias’s responsibilities while he is away. Mathias will continue to be involved in a few key projects during this period.

"After 16 years with MTG and 9 years as Group CFO, Mathias is taking some time now to spend with his young and growing family, before returning to his current full term role with us at the end of the year. Maria is an able and proven deputy, and we look forward to working with Maria in her temporary new role as she steps into Mathias’s shoes to ensure that we maintain the direction and speed of our development and transformation.”

Jørgen Madsen Lindemann, MTG President and CEO

MTG (Modern Times Group MTG AB (publ.)) is an international entertainment group. Our operations span six continents and include TV channels and platforms, online services, content production businesses and radio stations. We are also the largest shareholder in CTC Media, which is Russia’s leading independent media company. Our shares are listed on Nasdaq OMX Stockholm (‘MTGA’ and ‘MTGB’).

The information in this announcement is that which MTG is required to disclose according to the Securities Market Act and/or the Financial Instruments Trading Act, and was released at 09.00 CET on 4 June 2015.

Any questions?

www.mtg.com

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