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METRO LAUNCHES NEW EDITION IN SPAIN

18 November 2003

The new launch follows the expansion of Metro into Seville and Zaragoza in Spain in September. Metro was launched in Barcelona and Madrid during 2001. Metro is now published in five of Spain's largest advertising markets and covers a distribution area that encompasses more than a third of Spain's population and attracts 55% of Spain's annual newspaper advertising spend of over US$ 3 billion. The new edition will be distributed by hand and from racks in the centre of La Coruna and the surrounding region.

PelleTörnberg, President and CEO, commented: "Our Spanish editions reported a combined profit in the nine months to the end of September and we have established a strong position in each of the city markets that we have entered. Our five Spanish editions make us the largest newspaper in Spain, which further enhances the unique reach that we can offer advertisers with a high proportion of young and female readers."

For further information, please visit www.metro.lu, email info@metro.lu or contact:

Pelle Törnberg, President & CEO tel: +44 (0) 20 7016 1300Matthew Hooper, Investor & Press Relations tel: +44 (0) 20 7321 5010

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