Kinnevik declares the offer for Metro wholly unconditional and extends the acceptance period

This press release may not, directly or indirectly, be distributed or published in or into the United States of America, Australia, Hong Kong, Japan, Canada, New Zealand or South Africa. The offer is not being made to (and acceptances will not be accepted from) persons in those countries or elsewhere where their participation requires further documentation, filings or other measures in addition to those required by Swedish law. The public all cash offer to the shareholders and holders of warrants and debentures in Metro International S.A. ("Metro" or the "Company"), announced on February 6, 2012 (the "Offer") has during the initial acceptance period been accepted to the extent that Investment AB Kinnevik (publ) ("Kinnevik"), through the wholly-owned subsidiary Kinnevik Media Holding AB, will hold in total approximately 89 percent of the total number of outstanding shares of series A (and votes) in Metro, approximately 91 percent of the total number of outstanding shares of series B in Metro (intotal approximately 90 percent of the total number of outstanding shares of series A and B in Metro), approximately 97 percent of the total number of warrants in Metro and approximately 95 percent of the total number of debentures in Metro.