METRO INTERNATIONAL AND SANOMA COMPLETE THE SALE AND PURCHASE OF METRO FINLAND
Metro International S.A. ("Metro International"), the international newspaper group, and Sanoma Corporation ("Sanoma"), Finland's leading publishing group which is part of the SanomaWSOY Group, today announce the completion of the sale and purchase of Metro International's Finnish operation ("Metro Finland") to Sanoma. The transaction, which was first announced on August 11th, 2006, was not subject to regulatory approval.
Metro Finland will be published by Sanoma under a franchise agreement with Metro International and it will continue to be included in Metro International's Pan-European advertising packages.
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For further information, please visit www.metro.lu, or contact:
Pelle Törnberg , President & CEO
Tel: +44 20 7016 1300
Andrew Best, Corporate Communications
Tel: +44 20 7321 5022
Email: metro@sharedvalue.net
ABOUT METRO INTERNATIONAL
Metro is the largest and fastest growing international newspaper in the world. 70 Metro editions are published in 93 major cities in 21 countries in 19 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.