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FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2001

19 February 2002

Luxembourg, 19 February 2002 - Metro International S.A. ("Metro") (MTROA, MTROB), today

announced its financial results for the fourth quarter ended 31 December 2001 and full year 2001.

  • World's fastest growing newspaper - net sales up 28% (at constant 2000 exchange rates)

  • International net sales up 91% (at constant 2000 exchange rates)

  • World's fourth most read newspaper with over 10 million daily readers

  • Average cost per copy reduced by 12.5%

  • Record earnings for Swedish operations

  • Operating margin of 15% in fourth quarter in Prague, Hungary and Gothenburg

  • Santiago profitable in fourth quarter

  • EBITDA of US$ 14.9 million for four established operations

  • EBITDA loss of US$ 1.0 million in fourth quarter for current operations launched pre-2001

    (excluding Zurich, Buenos Aires and Headquarters)

    OTHER INFORMATION

    Metro's financial results for the first three months of 2002 will be announced on 25 April 2002.

    Metro's annual report is expected to be released in April 2002, 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, 19 February 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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