Metro International ("Metro"), the world's largest international newspaper, today announced that its equity stake in Metro Czech Republic will decrease from 40.0% to 6.7% due to a decision not to participate in a capital increase. Metro sold 60% of Metro Czech Republic in December 2007 to Mafra Media Group, a German media conglomerate. Since Mafra committed fully to the recent capital increase, their equity stake has increased to 93.3%. The decision not to participate in the capital increase is yet another step in the strategy where Metro aims to focus on emerging markets. Metro Czech Republic will become a franchise operation from now on. For further information please visit www.metro.lu or contact: Per Mikael Jensen President and CEO Tel: +46 8 120 570 00 Anders Kronborg CFO Tel: +44 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 22 countries across Europe, North & South America and Asia. Metro has a unique global reach - attracting a young, active, well- educated Metropolitan audience of over 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. [HUG#1581133]
Metro International Reduces Equity Stake in Metro Czech Republic
| Source: Metro International S.A.