Fourth Quarter Results 2010


LUXEMBOURG, 3 FEBRUARY 2011 - METRO INTERNATIONAL S.A. ("METRO" OR "THE GROUP")
(MTROA, MTROB), TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE FOURTH QUARTER AND
TWELVE MONTHS ENDED 31 DECEMBER 2010. INFORMATION WAS SUBMITTED FOR PUBLICATION
ON 3 FEBRUARY 2011 AT 8:00 CET.


"THE TURNAROUND CONTINUES"

FINANCIAL SUMMARY


€'000                           Q4 2010  Q4 2009     FY 2010  FY 2009

Net revenue (like-for-like)    * 66,075   60,788     206,502  190,611

Net revenue**                    70,496   61,504     222,469  220,232

EBIT (like-for-like)*             8,379    9,544       5,486  (3,435)

EBIT**                            9,799    9,388      12,070 (20,026)

Net prof it/(loss)                8,317    5,888       3,960 (21,650)

Basic earnings per share (€)      0.016    0.011       0.007  (0.040)

Diluted earnings per share (€)    0.004 0.004 0. 002 (0.040)

* Excluding closed, divested and acquired operations, refer section "Financial
review" on page 4
** Including closed, divested and acquired operations, refer section "Financial
review" on page 4


FULL YEAR HIGHLIGHTS

  * EBIT profit of €12.0 million (loss of €20.0 million)

  * EBIT profit like-for-like of €5.5 million (loss of €3.4 million)

  * Canada and Sweden have been the best performers in the Group, improving EBIT
    by over €7 million each in 2010

  * Net revenue like-for-like increased to €206.5 million (€190.6 million)

  * Double digit sales growth in Sweden, Hong Kong, Chile and Canada


Q4 HIGHLIGHTS

  * EBIT profit of €9.8 million (profit of €9.4 million)

  * EBIT profit like-for-like of €8.4 million (profit of €9.5 million) was
    hampered by investments in circulation in France to challenge the
    competition

  * Metro South Korea was divested in December and will continue as a franchisee


  * The remaining 65 percent stake in the outdoor advertising business SubTV in
    Chile was acquired in October


CONFERENCE CALL

Metro International will host a conference call today at 10.00 A.M. CET which
will be broadcast live on the internet and as a conference call. Participants
can take part in the call either through the audiocast or the conference call.

To follow the internet audiocast:
A live audiocast of the presentation will be available onwww.metro.lu, on 3
February 2011 at 10.00 A.M. CET.

To participate in the conference call, please dial in on the following numbers:
+--------------------+----------------------+
|Sweden              |Tel: +46 8 505 598 53 |
+--------------------+----------------------+
|UK / International  |Tel: +44 20 304 324 36|
+--------------------+----------------------+
|US free phone number|Tel: +1 866 458 40 87 |
+--------------------+----------------------+

Conference call participants can access the presentation slides
onhttp://www.metro.lu/node/79.

A re-play will be available on Metro's websitewww.metro.lu approximately one
hour after the event.

For further information, please visitwww.metro.lu or contact:
+--------------------------------------+-----------------------+
|Per Mikael Jensen, President and CEO  |Tel: +44 78 41 67 32 30|
+--------------------------------------+-----------------------+
|Anders Kronborg, CFO                  |Tel: +44 79 125 40 800 |
+--------------------------------------+-----------------------+
|Linda Fors, Head of Investor Relations|Tel: +46 704 15 95 30  |
+--------------------------------------+-----------------------+

DATE OF NEXT REPORT
Metro's financial results for Q1 ended 31 March will be published on 15 April
2011.



[HUG#1484899]

Attachments

Fourth Quarter Presentation 2010.ppt Fourth Quarter Results 2010.pdf