Metro International announces information on strategic development in view of the on-going rights issue

Metro International S.A. ("Metro International") today announces,  in
view of Metro International's on-going rights issue (with a scheduled
subscription period from and including 22 May to and including 4 June
2009), information on strategic development:

1.     Exercise of option to acquire  58.5% of the capital and  votes
in Metro St. Petersburg, Russia

Metro International has exercised its option to acquire 58.5% of  the
capital and  votes  in its  franchise  operation in  St.  Petersburg,
Russia ("Metro St. Petersburg"). Metro International will consolidate
its financial  interest  in  Metro  St. Petersburg  in  its  Q3  2009
results, when all  legal formalities  are expected  to be  concluded.
Metro International  will continue  to receive  a franchise  fee  for
licensing its newspaper concept and brand to Metro St. Petersburg.

2.     Update on sale of Metro International's US operations

Metro International has concluded the definitive agreements regarding
the sale of its US operations to Seabay Media Holdings LLC ("Seabay")
and expects to complete the transaction on or before 3 June 2009.

3.     Divestment  of  the  IT software  development  division  under
consideration

Metro  International  is  also  considering  the  divestment  of  its
software development  business unit.  The potential  divestment  will
consist of  the IP  (intellectual property)  for all  the  internally
developed advertising  and production  systems  currently in  use  in
Metro  International's   operations.  It   will  also   include   the
development and management teams of  the business unit. In the  event
of a  divestment,  Metro  International  will  continue  to  use  the
software via a software license agreement.

4.     Update on divestment of the operations in Portugal and Italy

The discussions  with  potential  partners  for  a  full  or  partial
divestment of Metro International's operations in Portugal and  Italy
(as disclosed  in the  press release  dated 22  May 2009)  are  still
ongoing.

For further information please contact:
Per Mikael  Jensen, CEO  and President                            +44
(0)78 4167 3230
Anders                                                      Kronborg,
CFO                                                   +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  18 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.