FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED 30TH JUNE 2009



Luxembourg, 20th July, 2009 - Metro International S.A. ("Metro
International" or the "Group") (MTROA, MTROB), today announced its
financial results for the second quarter ended 30th June 2009.
Information was submitted for publication on 20th July, 2009 at 8:00
A.M. CET.

SECOND QUARTER HIGHLIGHTS


  * Net revenues declined by 12 percent in the second quarter
    adjusting for currency movements, closed and divested operations
    and revenues lost due to the Easter Holidays. Total net revenues
    decreased year-on-year in the second quarter by 26 percent to EUR
    60.7 million (2008: EUR 81.5 million).

  * The operating loss excluding closed and divested operations was
    EUR 1.2 million in the second quarter (2008: operating profit of
    EUR 2.5 million excluding closed and divested operations). The
    total operating loss was EUR 3.0 million (2008: operating profit
    of EUR 0.6 million).

  * The net loss for the second quarter was EUR 3.7 million (2008:
    loss of EUR 2.0 million).

  * Operating costs declined year-on-year in the second quarter by 11
    percent excluding currency movements, one-off items, closed and
    divested operations. Costs incurred at headquarters declined
    year-on-year by 31 percent in the second quarter excluding
    one-off items.

  * In May, Metro in the US was divested to Seabay Media Holdings LLC
    ("Seabay Media"). Seabay Media will continue to publish Metro in
    the US under a service and license agreement with Metro
    International.

  * In June, Metro International exercised its option to acquire 58.5
    percent of the capital and votes in its franchise operation in
    St. Petersburg, Russia.

  * In June, Metro Portugal was fully divested to two local media
    companies, Holdmédia and Metro News. Concurrently Metro
    International signed a Franchise Agreement with the new owners.

  * In June, the final results of the issue of Swedish Depository
    Receipts ("SDRs") regarding subordinated debentures and warrants
    (the "Rights Issue") were revealed. Through the Rights Issue,
    Metro International received proceeds of SEK 527.8 million (EUR
    48.7 million) before transaction costs.

  * Overall readership increased year-on-year by 8 percent for the
    Group in the second quarter.

  * The basic and diluted net loss per share for the second quarter
    was EUR 0.007 and EUR 0.01 respectively (2008 basic and diluted:
    EUR 0.004).


HALF YEAR HIGHLIGHTS


  * Total net revenues decreased by 15 percent for the half year
    adjusting for currency movements, closed and divested operations.
    Total net sales decreased by 25 percent to EUR 116.3 million
    (2008: EUR 154.9 million).

  * The operating loss for the half year, excluding closed and
    divested operations, was EUR 9.1 million (2008: loss of EUR 0.9
    million). The total operating loss was EUR 17.7 million (2008:
    loss of EUR 5.0 million).

  * The net loss for the half year was EUR 18.9 million (2008: loss
    of EUR 8.3 million).

  * Operational costs for the half year declined by 8 percent for the
    half year excluding currency movements, one-off items, closed and
    divested operations.

  * Metro International recorded for the half year a basic net loss
    per share of EUR 0.03 (2008: net loss EUR 0.01).


SUBSEQUENT EVENTS


  * On 10th July, the Group announced that four members of the
    Group's senior management have during the second quarter decided
    to leave Metro International for individual reasons.

  * On 14th July, Metro International entered into a franchise
    agreement in Ecuador with the leading media group Grupo Hoy. On
    15th July, Grupo Hoy's existing free newspapers Metro Hoy and
    Metro Quil were re-launched under Metro International's global
    newspaper format. Metro International will initially hold 15
    percent equity interest in the publishing company with an option
    to increase this shareholding in the future.


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 July 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 Tel: +44 (0)20 7016
President                                         1300
Anders Kronborg, CFO                              Tel: +44 (0)79 1254
                                                  0800
Ingrid Selden, IR Contact                         Tel: +44 (0)77 2524
                                                  5881


DATE OF NEXT REPORT

Metro's financial results for the second quarter ended 30th September
2009 will be published on 19th October 2009.


                                 ***

ABOUT METRO INTERNATIONAL AND METRO

Metro is the largest international newspaper in the world.  Metro  is
published in over  100 major  cities in  19 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

Second Quarter Results Q2 2009.pdf