Change in MTG management

Petra Österlund, MTG Executive Vice President of Modern People, has decided to
leave MTG. Her current responsibilities will be shared amongst other Group
senior executives while MTG conducts an ongoing search for a new Group Executive
Vice President of Human Resources.
Petra Österlund joined MTG as a management trainee in 2002 and then became
Product Manager for MTG’s pay-TV operations in Eastern Europe and the Viasat DTH
satellite pay-TV platform in the Baltics in 2003. She took on the role of Head
of Administration in 2005 before being promoted in 2012 to Executive Vice
President of Modern People.

“Thank you Petra for your dedication and professionalism over the past 12 years,
and for the contribution you have made to the evolution of MTG as we have
changed shape and substantially expanded our product offerings and overall
stakeholder engagement. The route from trainee to membership of the senior
executive management group shows what is possible at MTG for talented and
hardworking team players. We wish you every continued success in your new
ventures.”

Jørgen Madsen Lindemann, MTG President and CEO
Any questions?
www.mtg.com
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investors@mtg.com (or Stefan Lycke +46 73 699 27 14)
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 16.00 CET on 9 March 2015.