Metro International and MAFRA media group sign Sale and Purchase Agreement for 60% of Metro Czech Republic


Metro International S.A.  ("Metro International"), the  international
newspaper group,  and MAFRA  a.s. ("MAFRA"),  the leading  publishing
group in the Czech Republic,  today announce that they will cooperate
in the  Czech  market and  have  entered  into a  sale  and  purchase
agreement whereby  60%  of  the  share capital  and  votes  of  Metro
International's Czech operation ("Metro Czech Republic") was sold  to
MAFRA. Financial  terms  were  not  disclosed.  The  transaction  was
completed on 21st  December, 2007  and is not  subject to  regulatory
approval.

Metro Czech  Republic  publishes  the  leading  national  free  daily
newspaper Metro in the Czech Republic, distributed in all main  towns
throughout the country. The majority  of the newspaper's readers  are
in  the  Prague  metropolitan  area.  Metro  Czech  Republic  has  78
employees and its net sales amounted to EUR 7.4 million in 2006.

Metro Czech Republic will continue to publish the free daily Metro in
the country, under a trade mark license with Metro International. The
newspaper  will  also  remain   included  in  Metro   International's
Pan-European advertising packages.

Roman  Breitenfelner,  Member  of  the  Management  Board  of   MAFRA
commented:   "This transaction  adds a  third national  daily to  our
portfolio. MAFRA will now be  able to offer its advertising  partners
an incomparable  sales  combination of  MF  DNES, Lidové  noviny  and
Metro. Both  publishing  houses will  develop  a joint  strategy  for
merging the free daily newspaper titles Metro and Metropolitni Expres
and use the best practice of both concepts for a successful future of
the daily. "

Per Mikael Jensen, CEO of Metro International, commented: "MAFRA is a
very strong media player in the Czech market and an excellent partner
for  Metro.   This   transaction  will   bring   significant   saving
opportunities as well as possibilities  of packaging Metro with  some
of the very strong  MAFRA titles, which  will accelerate the  process
towards profitability.  As such,  this  is a  good example  of  Metro
International's  strategy  and   dedication  to  stronger   financial
performance."

For further information, please visit www.metro.lu, or contact:
Martin Alsander, Executive Vice President                   tel:  +46
(0)8 402 99 00
Frank                                                          Mooty,
CFO                                                   tel: +44  (0)20
70 16 13 00
Birgitta Henriksson, IR contact
tel: +46 (0)70 812 86 39

                                 ***


ABOUT METRO INTERNATIONAL AND METRO
Metro is the largest and  fastest growing international newspaper  in
the world.  Metro  is  published  in over  100  major  cities  in  21
countries across Europe, North & South America and Asia. Metro has  a
unique global  reach  -  attracting a  young,  active,  well-educated
Metropolitan  audience  of  over  20  million  daily  readers.  Metro
International's advertising  sales have  grown at  a compound  annual
rate of 41% since the launch of the first edition in 1995.

Metro International 'A' and 'B' shares  are listed on the OMX  Nordic
Exchange's Nordic List under the symbols MTRO SBD A and MTRO SBD B.

ABOUT THE  MAFRA MEDIA GROUP
MAFRA media group  associates products  from all areas  of the  media
market under its roof. The flagship  product of the firm is the  most
read respectable daily Mladá Fronta DNES, the second newspaper in the
group is the  daily Lidové  noviny and  further on  the gratis  daily
Metropolitní Expres.  The news  portfolio is  completed by  the  most
trustful news portal  iDNES.cz and  the server  Lidovky.cz. Also  two
Prague radio stations  - Expresradio  90,3 FM and  Radio Classic  FM,
music  and  lifestyle  magazine  Filter,  lifestyle  magazine   Yop!,
magazines Svet mobilu and Mobilhry and the music television Ócko come
under the group.

Attachments

Press release PDF