Metro to be Removed from Stockholm Observation List


BERTRANGE, Luxembourg, Feb. 24, 2003 (PRIMEZONE) -- Metro International S.A. ("Metro") (Nasdaq:MTROa) (Nasdaq:MTROb), the international newspaper group, today reported that the Stockholm Stock Exchange (Stockholmsborsen) has announced that Metro's shares are to be removed from the O-List's "Observation" list (O-listans observationsavdelning) with effect from tomorrow, Tuesday, February 25, 2003.

Metro International S.A. "A" and "B" shares are listed on the Stockholmsborsen "O-List" and on the Nasdaq stock market under the symbols MTROA and MTROB.


 For further information, please visit www.metro.lu, email info@metro.lu
 or contact:
 Pelle Tornberg, President & CEO              tel: +44 (0) 20 7016 1300
 Matthew Hooper, Investor & Press Relations   tel: +44 (0) 20 7321 5010

Metro is the world's largest free newspaper, publishing and distributing 25 editions in 16 countries in 14 languages: Stockholm, Prague, Gothenburg, Hungary, the Netherlands, Helsinki, Malmo, Santiago, Philadelphia, Toronto, Rome, Milan, Warsaw, Athens, Montreal, Barcelona, Boston, Madrid, Copenhagen, Aarhus, Paris, Marseille, Lyon, Hong Kong and Seoul.

This press release contains certain "forward-looking statements" with respect to our expectations and plans, strategy, management's objectives, future performance, costs, revenues, earnings and other trend information. It is important to note that our actual results in the future could differ materially from those anticipated in forward- looking statements depending on various important factors. Please refer to the documents we have filed with the U.S. Securities and Exchange Commission under the U.S. Securities Exchange Act of 1934, as amended, including our most recent annual report on Form 20-F, for a discussion of certain of these factors.

All forward-looking statements in this press release are based on information available to us on the date hereof. All written or oral forward-looking statements attributable to Metro International S.A, any Metro International S.A. members or persons acting on our behalf are expressly qualified in their entirety by the factors referred to above. We do not intend to update these forward-looking statements.

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The following files are available for download:

www.waymaker.net/bitonline/2003/02/24/20030224BIT00210/wkr0001.doc

www.waymaker.net/bitonline/2003/02/24/20030224BIT00210/wkr0002.pdf