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METRO INTERNATIONAL S.A. PRELIMINARY RESULTS FOR THE SECOND QUARTER AND SIX MONTHS ENDED 30 JUNE 2001

8 August 2001

Luxembourg, 8 August 2001 - Metro International S.A. ("Metro") (MTROA, MTROB), today announced its preliminary results for the six months ended 30 June 2001.

  • Year to date Group net sales up 42% on local currency basis - international editions up 115% and Sweden up 7%

  • Total daily readership up 116% to 8.5 million year on year and average number of daily readers per copy up to 2.53

  • Year to date cost per copy down 5% and cost per reader down 23%

  • All editions launched more than 2 years ago now profitable and 7 editions launched before 2000 contributed EBITDA of US$ 4.0 million in the year to date

  • Stockholm operating margin maintained at 40% in the first half year

  • Three new editions launched in year to date

  • National advertising coverage in 5 out of 14 markets

    OTHER INFORMATION

    Metro's results for the third quarter and nine months to 30  September 2001 will be released on 25 October 2001.

    Metro International S.A. publishes and distributes 19 editions of its free daily newspaper in 14 countries: Stockholm (Metro), Prague (Metro), Gothenburg (Metro), Hungary (Metro), the Netherlands (Metro), Helsinki (Metro), Malmö (Metro), Santiago (Publimetro), Philadelphia (Metro), Zurich (Metropol), Toronto (Metro Today), Rome (Metro), Buenos Aires (Publimetro), Milan (Metro), Warsaw (Metropol), Athens (Metrorama), Montreal (Metro), Barcelona (Metrodirecto) & Boston (Metro).

    Metro International S.A. 'A' and 'B' shares are listed on the NASDAQ National Market and on the Stockholmsbörsen O-List under the symbols MTROA and MTROB.

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

    Pelle Törnberg - President & CEO +44 (0) 20 7408 0230

    Matthew Hooper - Investor relations +44 (0) 20 7321 5010

    Bert Willborg - Media relations +46 (0) 707 27 70 22

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

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