Modern Times Group MTG AB (publ.) (‘MTG’ or ‘the Group’)(STO:MTGA)(STO:MTGB) announced that Viasat Broadcasting has signed a four year agreement with Elion, which is the largest broadband and IPTV services provider in Estonia. The agreement will enable Viasat to market and sell its pay-TV channel packages to Elion’s 175,000 broadband customers, 88,000 of which have IPTV, from the end of October 2009. Viasat’s Estonian free-TV channels (TV3, TV6 and 3+) will also be immediately available to Elion subscribers through the platform’s existing IPTV packages, which will boost the penetration of the TV6 and 3+ channels significantly. Viasat also operates the largest DTH satellite platform in the Baltic states. The new agreement follows a similar agreement with Telia in Sweden in May 2008, and builds on previous IPTV agreements with ten broadband network operators in Sweden, Norway, and Denmark.