Investor Relations
Corporate Governance
Metro International S.A. is a Luxembourg limited-liability company
Latest News
METRO HONG KONG EXTENDS DISTRIBUTION CONTRACT WITH MTR
14 March 2005
Metro International S.A. ("Metro"), the international newspaper group, today announced that that it has extended its distribution contract with MTR Corporation Ltd. until 14 April 2010. The agreement gives Metro the right to distribute the Metro free newspaper from racks in Hong Kong's subway network, which is used by more than 2.2 million commuters every day. Metro is currently distributing more than 300,000 copies daily throughout Hong Kong at 49 MTR stations. The contract was initially awarded in April 2002 for a period of three years with the option for a further five-year extension. Peter Kuo, MD Metro Asia, commented: "Distribution through the MTR network has been a successful way of reaching a young, active and well-educated audience. Metro will continue targeting this audience, which is hard to reach through other media and is very attractive to advertisers. We are grateful for MTR's continuing support". Pelle Törnberg, President and CEO, commented: "Our Hong Kong operation has experienced significant growth since its launch and we expect to see further expansion. The MTR network is an efficient means of reaching the young professional commuting public that Metro targets". For further information, please visit www.metro.lu, email info@metro.lu or contact: Pelle Törnberg, President & CEO tel: +44 (0) 20 7016 1300 Henrik Persson, Corporate Communications tel: +46 (0) 8 562 000 87