Metro International Reduces Equity Stake in Metro Czech Republic

Metro International Reduces Equity Stake in Metro Czech Republic

ID: 109196

(Thomson Reuters ONE) -


Metro International ("Metro"), the world's largest international newspaper,
today announced that its equity stake in Metro Czech Republic will decrease from
40.0% to 6.7% due to a decision not to participate in a capital increase.

Metro sold 60% of Metro Czech Republic in December 2007 to Mafra Media Group, a
German media conglomerate. Since Mafra committed fully to the recent capital
increase, their equity stake has increased to 93.3%. The decision not to
participate in the capital increase is yet another step in the strategy where
Metro aims to focus on emerging markets. Metro Czech Republic will become a
franchise operation from now on.

For further information please visit www.metro.lu or contact:

Per Mikael Jensen President and CEO Tel: +46 8 120 570 00

Anders Kronborg CFO Tel: +44 79 1254 0800



 ***

ABOUT METRO INTERNATIONAL AND METRO

Metro is the largest international newspaper in the world. Metro is published in
over 100 major cities in 22 countries across Europe, North & South America and
Asia. Metro has a unique global reach - attracting a young, active, well-
educated Metropolitan audience of over 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.




Metro International Reduces Equity Stake in Metro Czech Republic:
http://hugin.info/132142/R/1581133/493840.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and




originality of the information contained therein.

Source: Metro International via Thomson Reuters ONE

[HUG#1581133]


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Bereitgestellt von Benutzer: hugin
Datum: 31.01.2012 - 08:01 Uhr
Sprache: Deutsch
News-ID 109196
Anzahl Zeichen: 2272

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Luxembourg



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Business News



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