METRO buys part of A&P US' METRO shares

MONTREAL METRO reported today that it was advised that The Great Atlantic & Pacific Tea Company confirmed the sale of all of its 11,726,645 METRO shares. The sale of the METRO shares by A&P US is made in connection with financing of the acquisition of Pathmark Stores by A&P US, which was previously announced.

METRO said it will buy 1.5 million of the METRO shares sold by A&P US. The transaction is scheduled to close on Nov. 29. The investor agreement dated August 15, 2005, between METRO and A&P US will also terminate on that date.