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FINANCIAL RESULTS FOR THE THREE MONTHS ENDED 31 MARCH 2002

25 April 2002

Luxembourg, 25 April 2002 - Metro International S.A. ("Metro") (MTROA, MTROB), today

announced its financial results for the three months ended 31 March 2002.

  • 66% reduction of EBITDA loss to US$2.1 million (US$6.2 million) in first quarter for 14

    current operations launched before 2001

  • EBIT margin of 35% in Stockholm and 17% in Gothenburg; Prague, Hungary and Santiago

    all profitable

  • International sales for current operations up 63% to represent 53% of Group total at constant

    2001 exchange rates. Total net sales up 8.2% at constant exchange rates

  • World's fourth largest newspaper with daily circulation of 4.1 million

  • Average cost per copy reduced by 5% for 22 current operations

  • Three new editions launched in France; Zurich and Buenos Aires discontinued

    OTHER INFORMATION

    Metro's second quarter financial results for the first six months of 2002 will be announced on 7

    August 2002.

    Metro's annual report will be distributed to shareholders and will be available from the Company's registered office at 75 Route de Longwy, L-8080 Bertrange, Luxembourg.

    The shareholders' annual general meeting will be held on 28 May 2002 in Luxembourg.

    This interim report has not been subject to review by the Company's auditors.

    Luxembourg, 25 April 2002.

    The Board of Directors of Metro International S.A..

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

    Pelle Törnberg, President & CEO tel: +44 (0) 20 7408 0230

    Matthew Hooper, Investor & Press Relations tel: +44 (0) 20 7321 5010

    The full report including tables can be downloaded from the following link:

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