DGAP-Adhoc: METRO AG:METRO Group sells Extra Supermarket Chain

 | Source: EQS Group AG EQS Group AG 

METRO AG / Disposal

17.01.2008 

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Düsseldorf, 17 January 2008 – After having reviewed various strategic
op-tions, METRO Group has decided to sell Extra and thus focus its food
retail-ing activities further. Today, with effect of 1 July 2008, 245 Extra
supermarkets with sales revenue of c.€1.6bn were sold to Rewe Group. With
this sale, METRO Group will reduce its balance sheet net debt by c.€350m.
The transaction is subject to the approval of the competent boards and the
anti-trust authorities.
DGAP 17.01.2008 
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Language:     English
Issuer:       METRO AG
              Schlüterstr. 1
              40235 Düsseldorf
              Deutschland
Phone:        +49 (0)211 6886-1936
Fax:          +49 (0)211 6886-3759
E-mail:       investorrelations@metro.de
Internet:     www.metrogroup.de
ISIN:         DE0007257503, DE0007257537, Weitere: www.metro.de/investor relations
WKN:          725750, 725753, Weitere: www.metro.de/investor relations
Indices:      DAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
              Freiverkehr in Berlin, Hannover, München, Hamburg, Stuttgart;
              Terminbörse EUREX; Foreign Exchange(s) SWX
End of News                                     DGAP News-Service
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