Metro divests shares in its South Korean operation

Metro International S.A. ("Metro") today announced that it has entered into an
agreement to sell the shares in its South Korean operation ("Metro Korea") to
two of its partners in the operation. As a part of this transaction, Metro has
entered into a franchise agreement which entitles Metro to franchise fees based
on a percentage on Metro Korea's sales.

The acquisition price for Metro's 29.99 percent participation in Metro Korea is
€4.9 million. Due to South Korean capital gains tax, Metro will receive a net
amount of €4.4 million. The net amount will be paid in two instalments; the
first one of €4.2 million on the transaction day which is today and the second
one of €0.2 million in twelve months.

The shares in Metro Korea had a book value of €5.0 million on 30 September 2010
following the write down of €1.1 million based on price indication. Thus, Metro
will incur in Q4 a loss of €0.6 million.

Per Mikael Jensen, President and CEO of Metro International, commented: "Metro
Korea has a daily readership of 700 000 and has shown stable performance since
the launch in 2002. I look forward to continuing the cooperation with our
partners in Metro Korea on a franchise basis and to develop the Metro brand in
Korea. The payment of €4.4 million for Metro's stake is equivalent to more than
40 times the dividends which Metro received in 2009, and will free up resources
for Metro to invest in emerging markets."

For further information please visit metro.lu or contact:
Per Mikael Jensen, President and CEO                                       Tel:
+44 (0)78 4167 3230
Anders Kronborg, CFO
            Tel: +44 (0)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 19 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#1476038]