Metro completes private placement
METRO COMPLETES PRIVATE PLACEMENT Metro International S.A. ("Metro"), the international newspaper group, today announced the completion of its private placement (the "Private Placement") of 17,623,800 new Metro A shares and 15,670,842 new Metro B shares (the "Shares"). As previously announced, the Private Placement was priced at SEK 21 per Metro A share and SEK 24 per Metro B share, and raised total proceeds of SEK 746,200,008 or approximately US$ 70 million. SEK 447,288,600 or approximately US$ 42.0 million of the funding was raised from non-affiliated companies via the placement of 7,123,800 new Metro A shares and 12,403,700 new Metro B shares with more than 20 Swedish and international institutional investors. These investors included Handelsbanken Fonder, SEB Funds and the 4th Swedish National Pension Fund amongst others. In addition, 10,236,138 new Metro A shares were placed with Industriförvaltnings AB Kinnevik, and 263,862 new Metro A shares and 3,267,142 new Metro B shares were placed with Modern Times Group MTG AB. The total issued and outstanding number of shares following this transaction will be 55,823,671 Metro A shares and 53,559,460 Metro B shares. 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 Metro is the world's largest free newspaper, publishing and distributing 21 editions in 15 countries in 14 languages: 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 (Metro Directe), Boston (Metro), Madrid (Metro Directo) and Copenhagen (MetroXpress). 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. NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA OR JAPAN ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/10/04/20011003BIT00910/bit0002.doc http://www.waymaker.net/bitonline/2001/10/04/20011003BIT00910/bit0002.pdf