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Metro International S.A. is a Luxembourg limited-liability company
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Clarification of CEO remuneration in Annual Report 2008
4 May 2009
Metro International S.A. (Metro) published its Annual Report on 30th April 2009. In the notes to the financial statements (note 16) it is stated that the CEO, Per Mikael Jensen, received €336,000 as a variable remuneration in 2008.
This has in some media been interpreted as a bonus. However, the main part of the amount refers to the deferred stock that was agreed with Per Mikael Jensen when he joined Metro in 2007. It also includes a smaller amount which is linked to the variable remuneration for 2007, which was agreed and paid out during the spring of 2008.
Per Mikael Jensen has declined to receive any bonuses for 2008.
For further information please contact:
| Per Mikael Jensen, CEO | tel. +44 (0)20 7016 1300 |
| Anders Kronborg, CFO | tel: +44 (0)79 12 540 800 |
ABOUT METRO INTERNATIONAL
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.