CECONOMY AG

M&A Activity • Jan 17, 2008

News Details

Ad-hoc | 17 January 2008 17:56

METRO AG:METRO Group sells Extra Supermarket Chain

METRO AG / Disposal

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---

Düsseldorf, 17 January 2008 – After having reviewed various strategic
op-tions, METRO Group has decided to sell Extra and thus focus its food
retail-ing activities further. Today, with effect of 1 July 2008, 245 Extra
supermarkets with sales revenue of c.€1.6bn were sold to Rewe Group. With
this sale, METRO Group will reduce its balance sheet net debt by c.€350m.

The transaction is subject to the approval of the competent boards and the
anti-trust authorities.
17.01.2008 Financial News transmitted by DGAP

---

Language: English
Issuer: METRO AG
Schlüterstr. 1
40235 Düsseldorf
Deutschland
Phone: +49 (0)211 6886-1936
Fax: +49 (0)211 6886-3759
E-mail: investorrelations@metro.de
Internet: www.metrogroup.de
ISIN: DE0007257503, DE0007257537, Weitere: www.metro.de/investor relations
WKN: 725750, 725753, Weitere: www.metro.de/investor relations
Indices: DAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, Hannover, München, Hamburg, Stuttgart;
Terminbörse EUREX; Foreign Exchange(s) SWX

End of News DGAP News-Service

---