Metro International S.A. ("Metro International"), the international newspaper group, today announced that the Swedish Administrative Court of Appeal (Swedish: "Kammarrätten") has in a ruling dismissed Metro International's appeal against a former ruling from the County Administrative Court (Swedish: "Länsrätten"). The case concerns additional advertising tax which has been levied on Metro International's publishing entity in Sweden, Tidnings AB Metro, following a decision by the Swedish Tax Authorities in 2007. The additional advertising tax amounts to approximately SEK 90 million including interest. This amount has already been fully provided for in Metro International's accounts for 2007. Metro International will appeal against the judgement to the Supreme Administrative Court (Swedish: "Regeringsrätten") and will also apply for a respite of the payment.

Earlier this year Metro International made a re-funding through a combination of debentures and warrants of SEK 550 million. In the event Metro International will be forced to repay the Swedish Tax Authorities regardless of the appeal, this funding provides sufficient cash in order to meet any obligations that have arisen as a result of this ruling by the Administrative Court of Appeal.

For further information please contact:

Anders Kronborg, CFO

tel: 44 (0)79 1254 0800

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ABOUT METRO INTERNATIONAL AND METRO Metro is the largest international newspaper in the world. Metro is published in over 100 major cities in 19 countries across Europe, North & South America and Asia. Metro has a unique global reach - attracting a young, active, well-educated Metropolitan audience of 17 million daily readers.

Metro International S.A. shares are listed on Nasdaq OMX Stockholm through Swedish Depository Receipts of series A and series B under the symbols MTROA and MTROB

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