An anonymous director reports

METRO STORES AND UNIFOR LOCAL 414 REACH A NEW TENTATIVE AGREEMENT

Metro Ontario Inc., a subsidiary of Metro Inc., has reached a new tentative agreement with Unifor for the renewal of the collective agreement of the unionized employees at its 27 Metro locations across the Greater Toronto Area (GTA).

The agreement, which is fair and equitable for the company's employees and its customers, is unanimously recommended by the union's bargaining committee, and will put an end to the labour dispute if ratified. It will be submitted to the employees for a ratification vote that will take place shortly. The union will present the details of the agreement to its members at that time.

About Metro Inc.

With annual sales of more than $19-billion, Metro is a food and pharmacy leader in Quebec and Ontario, providing employment to more than 95,000 people. Its purpose is to nourish the health and well-being of its communities. As a retailer, franchisor, distributor, manufacturer and provider of e-commerce services, the company operates or services a network of 975 food stores under several banners, including Metro, Metro Plus, Super C and Food Basics, and 645 drugstores primarily under the Jean Coutu, Brunet, Metro Pharmacy and Food Basics Pharmacy banners.