Publimetro acquires a 40% equity interest in Diario Pyme S.A.

Publimetro Chile, a subsidiary of Metro International SA, the leading
global newspaper, has purchased a 40% equity interest in Diario  Pyme
S.A., as well as an option to acquire the remaining 60%.

Diario Pyme  S.A., based  in  Santiago, has  developed a  B2B  online
subscriber business  offering  a variety  of  services to  small  and
medium size companies  (SME's) as  well as  government agencies.  The
services offered  include: internet  strategy consultancy;  a  weekly
business news bulletin; advising  on website content development  and
preparation of tailored databases for direct mail businesses.  Diario
Pyme also  arranges  a number  of  seminars  each year  for  its  SME
customers. The  company, which  currently has  over 300K  visits  per
month to  its  site,  derives  its  revenues  primarily  from  online
advertising and sponsored content. The company was co-founded in 1999
by journalist Leonardo  Meyer and lawyer  Rodrigo Silva. Diario  Pyme
has grown its sales steadily since  its launch and is expected to  be
profitable in 2008.

Publimetro will support Diario Pyme S.A. in all areas of its business
but primarily with advertising sales.

Pablo Mazzei,  Managing Director  of Publimetro  Chile and  of  Metro
International's  other  interests  in  the  Latin  American   Region,
commented: 'SMEs  in Chile  employ  80% of  the total  national  work
force. Increasing our exposure to  this vibrant and highly  important
business segment is therefore very attractive to Publimetro'.

Robert Patterson, Executive  Vice President  of Metro  International,
stated: 'Publimetro launched earlier in the year, in partnership with
Diario Pyme, a monthly free  magazine targeted at the SME  community.
This product has been a success  and it was therefore a logical  next
step for  us  to  look  deepen our  relationship  with  Diario  Pyme.
Publimetro Chile's advertising sales capabilities are expected to  be
of significant benefit to Diario Pyme. Publimetro Chile will start to
immediately offer  its  existing  SME advertisers  print  and  online
advertising packages. This  transaction not  only enables  Publimetro
Chile to enter the online B2B publishing business but it also  serves
to strengthen awareness of Publimetro  amongst small and medium  size
companies, many  of  which are  potential  advertisers in  our  daily
newspaper and our other printed products.'