Metro International divests Metro France's operation and enters into license agreement


Metro  International S.A.  ("Metro") today  announced that  it has  sold off its
shares  in  Metro  France  to  Télévision  Française  1 ("TF1"). As part of this
transaction, Metro has entered into license and services agreements with the new
owner who will continue to publish the Metro newspaper in France.

The transaction was completed today. Metro is expected to receive revenues under
the  new license and  services agreements from  2011 onwards. Based on a company
valuation  of  €10.0  million  (Metro  held  65.7 percent  of  the shares in the
company)  the total  consideration for  Metro's shares,  after adjusting for net
debt  and net working capital, was €3.9 million, which will result in a net gain
of €6.3 million.

Metro  France  was  launched  in  2002 and  is  today the second most read daily
newspaper  in France.  TF1 is  the largest  broadcaster in  France and views the
transaction as an opportunity to expand its offer of free news and entertainment
in all media channels.

Per  Mikael Jensen, President and CEO of Metro International, commented: "France
is  an  important  market  for  international  advertisers  and we are therefore
pleased  to keep the Metro brand in the market. We have a productive partnership
with  TF1 and  we are  confident that  they are  the right company to take Metro
France into the next phase."



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

Per Mikael Jensen, President & CEO +44 78 4167 3230

Anders Kronborg, CFO               +44 79 1254 0800




                                      ***



ABOUT METRO INTERNATIONAL AND METRO

Metro  is the largest international newspaper  in the world.  Metro is published
in  over 100 major cities  in 20 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.


[HUG#1534544]

Attachments