Metro announces savings on Headquarter cost and changes to senior management


Metro International S.A. ("Metro" or "the Group"), the international newspaper
group, today announced savings on Headquarter cost in 2011. The net cost of
Metro's Headquarter is expected to be €14.0 million in 2011, as compared with a
net cost of €16.8 million in 2010. As one of the results of these cost cutting
measures, the Executive Management team will be reduced by three roles. The
roles affected are the operational Executive Vice President (EVP) positions of
Asia, Northern and Southern Europe. The remaining responsibilities will be
divided between Per Mikael Jensen, President and CEO, and Anders Kronborg, CFO.

Metro is in a different position today compared with a few years ago.
Unprofitable operations have been sold, turned into franchisees or Joint
Ventures or, in the case of the Spanish operation, closed. Current operations
are well positioned for the years ahead. Better performance from the Group has
reduced the need of operational support from Headquarters, allowing for a
smaller management team. The downsizing of Headquarters can hence continue
despite recent investments in the Online and Global Editorial departments.

Per Mikael Jensen, President and CEO, commented: "Thanks to the improved
performance from the Group in recent years, these cost saving measures are made
possible. The Executive Management team will move from nine people to six. We
are dedicated to the task to continue to reduce headquarter cost further in the
future."

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

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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.



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Metro announces savings on Headquarter cost  and changes to senior management.pdf