METRO EXPANDS IN HUNGARY

Metro International S.A. (“Metro”), the international newspaper group, today announced that Metro Hungary has expanded the national edition to cover five more cities. This latest move increases Metro Hungary's circulation by 50,000 copies to 380,000 copies per day. It is expected over time to increase Metro Hungary's official readership to close to 800,000 daily readers.

After the expansion of the national edition into five more cities, Metro Hungary’s two editions will be distributed in 24 Hungarian cities, including the capital Budapest. The Hungarian operation, which earlier this quarter became a wholly-owned subsidiary of Metro International, reported an operating profit margin in 2004 of more than 10% on sales up year on year by 9%. Pelle Törnberg, President and CEO, commented: “This latest expansion of Metro Hungary allows us to consolidate our position as Hungary's leading newspaper. Our expanded national presence follows consultation with leading advertisers and will further improve our service”.