It is with Great Sadness that Metro International S.A. Announces that the Founder and Chairman of the Company, Mr. Jan Hugo Stenbeck, has Passed Away at the Age of 59 Years Old


BERTRANGE, Luxembourg, Aug. 20, 2002 (PRIMEZONE) -- Metro International S.A. (Nasdaq:MTROA) (Nasdaq:MTROB):

Mr. Stenbeck suffered a heart attack at the American Hospital in Paris on Monday night after a brief illness.

Mr. Stenbeck was also the Founder and Chairman of Invik & Co. AB, Tele2 AB, MTG AB, Millicom International S.A., Transcom WorldWide S.A. and was the Chairman of Industriforvaltnings AB Kinnevik.

Stockholm August 20, 2002

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