Luxembourg - Ahead of the Annual General Meeting on May 27, 2008,
Metro International S.A ("Metro"), (Stockholm Stock Exchange: MTRO
SDB A and MTRO SDB B), today announced that the Nomination Committee
proposes to re-elect Mr. Joshua Berger, Ms. Mia Brunell Livfors, Mr.
Patrick Byng, Mr. Henry Guy, and, Ms. Cristina Stenbeck as directors
of Metro and that Mr. Nigel Cooper and Mr. Mario Queiroz be newly
elected directors of Metro. It is further proposed that Ms. Mia
Brunell Livfors be elected as the Chairman of the Board of Directors
of Metro.
Mr. Cooper was a senior audit partner at KPMG LLP until 2005. Mr.
Cooper brings broad international and financial experience of the
advertising and publishing sectors and new media. He spent 33 years
in the profession, including 21 years as a partner in Milan and
London. Between 1998 and 2005 Mr. Cooper was lead audit and advisory
partner in KPMG's Information, Communications and Entertainment Group
based in London. He specialized in advising leading global companies
across the media sector. The intention is for Mr. Cooper to Chair
Metro's Audit Committee. Mr. Cooper is a Non-Executive Director of
Rightmove Group PLC, the UK's leading property website which listed
on the London Stock Exchange in 2006.
Mr. Queiroz has significant experience of the new media sector with
considerable expertise in the development and delivery of new
strategies on a global scale. He is Vice President of Product
Management for Europe, Africa, Middle East, and Latin America at
Google. In this role Mr. Queiroz is responsible for product strategy
and implementation in these geographies as well as for the design of
search, ads, and application products across 14 of Google's
international Research and Development centers. Mr. Queiroz joined
Google in 2005 and initially led the company's global IT product
strategy and development. Prior to Google, Mr. Queiroz was with
Hewlett-Packard for 16 years. In his final position at HP, he was
Vice President of Operations for key elements of HP's global IT
infrastructure. This followed marketing, operations, and R&D
management positions in HP's PC and printing businesses in the United
States and Europe.
The Chairman of the Nomination Committee of Metro International,
Cristina Stenbeck, commented:"I am very pleased to propose Nigel Cooper and Mario Queiroz to the
Board of Directors of Metro. Nigel Cooper has a strong background in
advising leading global media companies and a solid financial
expertise which will add a further dimension of focus to the Metro
Board and Audit Committee work. Mario Queiroz's experience in the
media sector in both developed and emerging markets will benefit the
Board in the process of restructuring Metro into a profitable media
company with a unique global reach."
For further information, please visit www.metro.lu, or contact:
Per Mikael Jensen, CEO & President tel: +44 (0) 20 7016 1300
Steve Nylund, Company Secretary 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 21 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% 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 SDB A and MTRO SDB B.
Metro International's Nomination Committee proposes new Board Of Directors
| Source: Metro International S.A.