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Metro International S.A. is a Luxembourg limited-liability company
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METRO EXTENDS DISTRIBUTION CONTRACT WITH DUTCH RAILWAYS
2 September 2003
Metro Holland is currently distributing the Metro newspaper throughout Holland at 219 railway stations and has had an agreement with Nederlandse Spoorwegen to distribute Metro through its network since launch in June 1999. Metro is the fastest growing newspaper in Holland and has 1.28 million daily readers. The contract was initially awarded for a period of five years with the option for a further five-year extension.
Silvio de Groot, CEO Metro Holland, commented: "Distribution through the country's railway network has been a successful way of reaching the people of Holland since Metro's launch in 1999, clearly establishing Metro on the Dutch Media landscape. We are grateful for Nederlandse Spoorwegen's continuing support".
Pelle Törnberg, President and CEO of Metro International, commented: "Our Dutch operations have now been profitable for three consecutive quarters and more than doubled their operating profit year on year in the second quarter of 2003. Metro has been distributed nationally since launch and the railway 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 |
| Matthew Hooper, Investor & Press Relations | tel: +44 (0) 20 7321 5010 |