Metro International continues with rights issue

Metro International S.A. (Metro) today announced that the discussions
with a potential acquiror which presented a preliminary indication of
interest in Metro are terminated.

Following the  announcement  on 23rd  February,  2009 of  a  received
indication of interest, Metro has  allowed the potential acquiror  to
perform limited confirmatory  due diligence.  The potential  acquiror
has been unable  to present  a fully financed  offer and  discussions
have therefore been terminated. Metro will  now proceed to raise  new
financing  through  the  issuance  of  debentures  and  warrants,  as
approved by the extraordinary shareholders' meeting on 24th February,
2009.

Further communication on the timetable and terms of the issuance will
be made in due course.

For further information please contact:

Anders Kronborg, CFO      tel: +44 (0)79 12 540 800


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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.