FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED 31ST MARCH 2009



Luxembourg, 20th  April,  2009  - Metro  International  S.A.  ("Metro
International" or the  "Group") (MTROA, MTROB),  today announced  its
financial results  for  the  first quarter  ended  31st  March  2009.
Information was submitted for publication on 20th April, 2009 at 8:00
A.M. CET.

FIRST QUARTER HIGHLIGHTS


  * Total net revenues decreased year-on-year in the first quarter by
    24 percent to EUR 55.6 million (2008: EUR 73.4 million). Net
    revenues declined by 19 percent excluding Metro Spain that was
    closed in January 2009 and by 17 percent when adjusting for
    foreign currency movements.

  * The operating loss excluding Spain was EUR 10.1 million in the
    first quarter. The total operating loss was EUR 14.7 million
    (2008: operating loss of EUR 5.6 million).

  * The net loss for the first quarter was EUR 15.3 million (2008:
    loss of EUR 6.4 million).

  * Operating costs declined year-on-year in the quarter by 14
    percent to EUR 40.3 million (2008: EUR 46.6 million). Further
    cost-savings were implemented in the fourth quarter 2008 and in
    the first quarter 2009 will have full effect from the second
    quarter 2009 and onwards.

  * Costs incurred at headquarters declined year-on-year by 23
    percent in the first quarter to EUR 4.4 million (2008: EUR 5.7
    million).

  * In March, Metro launched in Moscow with an approximate
    circulation of 500,000 daily copies.

  * Overall readership increased year-on-year by 12 percent for the
    Group.

  * The net loss per share for the first quarter was EUR 0.03 (2008:
    loss of EUR 0.01).


DISCUSSIONS WITH POTENTIAL BIDDER TERMINATED

  * Metro International has earlier today announced that the
    discussions with a potential bidder have been terminated. The
    Board of Directors of Metro International will therefore continue
    with the new issue of Swedish Depository Receipts ("SDRs") over
    subordinated debentures and over warrants with preferential
    rights for existing holders of SDRs.


CONFERENCE CALL

Metro International will host a  conference call today at 10.00  A.M.
CET which will be broadcast live on the internet and as a  conference
call.

Participants can take part in the call either through the audiocast
or the conference call.

To view the Internet Audiocast:
A live audiocast of the presentation will be available on
www.metro.lu, 20th April 2009 at 10.00 A.M. CET.

To participate in the conference call, please dial in on the
following numbers:

Sweden                     Tel: +46 (0)8 505 598 53
UK / International         Tel: +44 (0)20 304 324 36
US free phone number       Tel: +1 866 458 40 87


Conference call participants can access the presentation slides on
http://www.metro.lu/node/79.

For those unable to  listen to the live  broadcast, a replay will  be
available at  Metro's website  www.metro.lu  approximately  one  hour
after the event.


For further information, please visit www.metro.lu or contact:

Per Mikael Jensen, CEO and President       tel: +44 (0)20 7016 1300
Anders Kronborg, CFO                       tel: +44 (0)79 12 540 800
Ingrid Selden, IR contact                  tel: +44 (0)77 25 245 881


DATE OF NEXT REPORT

Metro's financial results for the second quarter ended 30th June 2009
will be published on 20th July 2009.

Metro International's 2008 annual report will be published by end  of
April 2009 and will be on Metro International's website www.metro.lu

METRO INTERNATIONAL S.A. ANNUAL GENERAL MEETING 2009

The 2009 Annual  General Meeting  will be  held on 26th  May 2009  in
Luxembourg. Shareholders wishing  to have matters  considered at  the
Annual General Meeting  should submit their  proposals in writing  to
agm@metro.lu or to  the Company Secretary,  Metro International  S.A,
2-4 Avenue Marie-Therese, P.O. BOX  285, L-2132 Luxembourg, at  least
seven weeks  before the  Annual General  Meeting, in  order that  the
proposal may  be  included in  the  notice to  the  meeting.  Further
details on how and when to  register will be published in advance  of
the Meeting.


                                 ***

ABOUT METRO INTERNATIONAL AND METRO

Metro is the largest international newspaper in the world.  Metro  is
published in over  100 major  cities in  18 countries across  Europe,
North & South  America and Asia.  Metro has a  unique global reach  -
attracting a young, active, well-educated Metropolitan audience of 17
million daily readers.

Metro International S.A.  shares are listed  on Nasdaq OMX  Stockholm
through Swedish Depository Receipts  of series A  and series B  under
the symbols MTROA and MTROB.

Attachments

First Quarter Results Q1 2009.pdf