Metro International S.A.

METRO CLOSES AFTERNOON PAPER IN COPENHAGEN

Pressmeddelande   •   Nov 20, 2006 13:31 CET

Metro International S.A. ("Metro"), the international newspaper group, today announced that metroXpress, the most-read newspaper in Denmark, has closed its free afternoon edition in Copenhagen which was launched earlier in the year. The closure will not have a significant impact on Metro's financial results for the quarter ended 31st December 2006.

Pelle Törnberg, President and CEO of Metro, said: "Despite a positive development in its readership results, the Copenhagen afternoon edition has not met our demanding financial targets during the trial period and we have thus taken the disciplined decision to close it down. MetroXpress is however performing very well and we will continue to further strengthen its leadership of the Danish free newspaper market."


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For further information, please visit www.metro.lu, or contact:
Pelle Törnberg, President & CEO tel: +44 (0) 20 7016 1300

Issued by:
Shared Value
Tel: +44 (0)20 7321 5010
Email: metro@sharedvalue.net

ABOUT METRO INTERNATIONAL

Metro is the largest and fastest growing international newspaper in the world. 69 Metro editions are published in 93 major cities in 21 countries in 19 languages across Europe, North & South America and Asia. Metro has a unique global reach - attracting a young, active, well-educated Metropolitan audience of 18.5 million daily readers and more than 38 million weekly readers. Metro has an equal number of male and female readers, of which 70% are under the age of 45. Metro's advertising sales have grown at a compound annual rate of 44% since the launch of the first edition in 1995.

Metro International S.A. 'A' and 'B' shares are listed on the Stockholmsbörsen 'O-List' under the symbols MTROA and MTROB.