Metro International S.A. ("Metro" or the "Company"), the international newspaper group, today held its Annual General Meeting ("AGM") and Extraordinary General Meeting ("EGM") of shareholders in Luxembourg. All proposed resolutions were duly passed.

The AGM resolved to re-elect Mr Josh Berger, Mr Paddy Byng, Mr Henry Guy, Mr Dennis Malamatinas and Ms Cristina Stenbeck as members of the Board of Directors. Ms Mia Brunell, Mr Peter Castenfelt and Ms Christine Ockrent were elected as new members of the Board of Directors. KPMG Audit Sàrl, Luxembourg was re-elected as external Auditor.

Ms Mia Brunell has extensive financial and operating experience from holding several positions at Modern Times Group MTG AB (an international media company and founder of Metro) since 1992, becoming its CFO in 2001. She will become President and CEO of Investment AB Kinnevik on 1st August 2006. Ms Mia Brunell is a Board member of CTC Media, Invik & Co AB, Tele2 AB and Transcom WorldWide S.A.

Mr Peter Castenfelt has a long and successful career working with companies and leading financial institutions in the US, Europe and Asia. He is currently the Chairman of BDI Laguna Corporation, which is a leading US provider of supply chain, logistics and marketing services to the computer and consumer electronics industry. He is also the Chairman of the private consultancy company Archipelago Enterprises Ltd.

Ms Christine Ockrent is one of Europe's leading journalists, as well as an author, a producer and anchor of two current affairs programmes on French national television. She is also a columnist for several publications and has written eleven books and essays. She began her career in broadcast journalism at NBC News and worked for eight years at CBS's '60 Minutes'. Ms Christine Ockrent is on the Board of International Crisis Group (ICG), Center for European Reform and Reporters Sans Frontières.

The AGM approved the proposed procedure for the nomination of members of the Company's Board of Directors for the AGM to be held in 2007. A Nomination Committee, which shall consist of at least 3 members representing major shareholders in the Company, shall prepare a proposal for the election of members of the Board of Directors for the 2007 AGM. The Nomination Committee will be formed in September 2006 in consultation with the largest shareholders in the Company and will be elected for a term of one year. Ms Cristina Stenbeck will be a member of the Nomination Committee and will also act as its convenor. The composition of the Nomination Committee will be communicated in the Company's financial report for the third quarter of 2006.

The AGM also approved a three year long term incentive plan with a maximum of 550,667 restricted shares and 550,667 share options to be granted annually to leading executives of the Company upon achievement of predetermined goals, vesting over three years in equal amounts.

A statutory meeting of the Company's Board of Directors following the AGM appointed Mr Peter Castenfelt as Chairman of the Board of Directors and appointed an Audit Committee and a Remuneration Committee. Mr Henry Guy was appointed as Chairman of the Audit Committee; Mr Dennis Malamatinas and Ms Mia Brunell were appointed as members of the Audit Committee. Mr Peter Castenfelt was appointed as Chairman of the Remuneration Committee; Ms Mia Brunell, Mr Paddy Byng and Ms Cristina Stenbeck were appointed as members of the Remuneration Committee.

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For further information, please visit www.metro.lu, or contact: Pelle Törnberg, President & CEO tel: +44 (0) 20 7016 1300 Matthew Hooper, Corporate Communications tel: +44 (0) 20 7321 5023

ABOUT METRO INTERNATIONAL

Metro is the largest and fastest growing international newspaper in the world. 69 Metro editions are published in 93 major cities in 21 countries in 20 languages across Europe, North & South America and Asia. Metro has a unique global reach - attracting a young, active, well-educated, metropolitan audience of over 18.5 million daily readers and more than 37 million weekly readers. Metro has an equal number of male and female readers and 70% are under the age of 45. Metro's advertising sales have grown at a compound annual rate of 44% since the launch of the first edition in 1995.

Metro International S.A. 'A' and 'B' shares are listed on the Stockholmsbörsen 'O-List' under the symbols MTROA and MTROB.