FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED 30th SEPTEMBER 2008

Luxembourg, 20th October 2008 - Metro International S.A. ("Metro"  or
the "Group") (MTROA,  MTROB), today announced  its financial  results
for the  third quarter  ended 30th  September 2008.  Information  was
submitted for publication on 20th October at 8:00 CET A.M.

HIGHLIGHTS FOR Q3 2008


  * Total net sales decreased by 14 percent to € 57.0 million (2007:
    € 66.2 million). Sales declined by 8 percent excluding closed and
    divested operations (Stockholm Bostad and Czech Republic) and by
    6 percent when adjusting for the operations which did not publish
    during July and / or August 2008.

  * The loss from operations was € 13.4 million (2007: € 13.5 million
    loss). Following the capital gain from Schibsted transaction,
    which was successfully finalised on the 24th September 2008,
    Metro reported an operating profit of € 24.0 million (2007: €13.5
    million loss) and a net profit of € 22.2 million (2007: € 14.3
    million net loss).

  * Year-on-year readership has increased by 8 percent to 17.7
    million daily readers (2007: 16.4 million).

  * The net profit per share for the third quarter 2008 was € 0.05
    (2007: loss of € 0.03).

FIRST NINE MONTHS RESULTS

  * Operational sales decreased by 9 percent to € 211.9 million
    (2007: € 233.6 million). Sales declined by 4 percent excluding
    closed, divested operations and adjustments for the operations
    which did not publish during July and / or August 2008.

  * The loss from operations was € 18.4 million (2007: € 18.7 million
    loss). Following the capital gain from Schibsted transaction and
    the 24 Timer acquisition, Metro reported an operating profit of €
    19.2 million (2007: € 18.7 million loss) and a net profit of €
    13.8 million (2007: € 24.1 million net loss).


CONFERENCE CALL

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

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

To view the Internet Audiocast:
A live audiocast from the presentation will be available on
www.metro.lu, 20th October 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 3043 2436
US free phone number         Tel: +1 866 458 40 87


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

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)20 7016
                                              1300
Ingrid Selden, IR contact                     tel: +44 (0)20 7016
                                              1300


                                 ***

ABOUT METRO INTERNATIONAL AND METRO

Metro is the largest international  newspaper in the world. Metro  is
published in over  150 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
over 20 million daily readers.  Metro's advertising sales have  grown
at a compound annual rate of 38 percent since the launch of the first
edition in 1995.

Metro International 'A' and 'B' shares  are listed on the OMX  Nordic
Exchange's Nordic List under the symbols MTRO SBD A and MTRO SBD B.


The full report with tables can be downloaded from the following
link: