Metro International divests Metro Portugal and signs franchise agreement



Metro International S.A. ("Metro International") today announces that
it has entered into  a sale and purchase  agreement in Portugal  with
Holdimédia - SGPS, S.A. ("Holdmédia") and Metro News Publicações S.A.
("Metro News").  Through this  agreement Holdimédia  will become  the
majority  shareholder  of  Transjornal-Edição  de  Publicações,  S.A.
("Metro Portugal") with 80% of  Metro Portugal's share capital. As  a
part of  this transaction,  Metro International  has entered  into  a
franchise agreement with the new owners who will continue to  publish
the  Metro  newspaper  in   Portugal.  Before  entering  into   these
 agreements, Metro  International acquired  the minority  stake  from
Metro Portugal's  former  minority shareholder  Meglo  Média  Global,
SGPS, S.A..

Holdimédia is a company owned by  Alberto do Rosário. Mr. Alberto  do
Rosário was, for more than 20 years, a member of the Board and CEO of
several subsidiaries of Lusomundo Media (now Controlinvest Group).

Mr. Alberto do Rosário, commented:  "The acquisition of 80% of  Metro
Portugal, provides us with a great opportunity to enter into a  press
segment with a lot of potential.  The fact that this acquisition  was
made with a strong minority partner, Metro News, allows us to foresee
the future in an especially comfortable way."

Per Mikael Jensen,  CEO and  President of  Metro International  said:
"This deal is one of several transactions that Metro International is
considering in an attempt to consolidate in a number of our  European
markets. This deal allows Metro International to continue to maintain
its existing  global  reach and  pan-European  distribution  platform
which is important to our  international advertisers. I am  convinced
that the new shareholders, with its experience and know-how, are  the
right  entities  to  develop  Metro  Portugal.  This  transaction  is
therefore to the benefit of all parties."

The transaction will have an  insignificant positive EBIT impact  and
nil  cash  flow  impact  for  Metro  International  in  2009.   Metro
International will not consolidate results from Metro Portugal as  of
the financial results in the third quarter 2009.


For further information please contact:

Per Mikael Jensen, CEO and                             +44 (0)78 4167
President                                              3230
Anders Kronborg, CFO                                   +44 (0)79 1254
                                                       0800
Martin Alsander, Executive Vice President              +46 (0)70 4229
                                                       994


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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.

Attachments

Press release PDF.pdf