Eric Richer La Flèche to Become the Next President and Chief Executive Officer of METRO INC. on April 1st, 2008

    MONTREAL, Nov. 20 /CNW Telbec/ - Mr. Maurice Jodoin, Chairman of the
Board of METRO inc., announced today that Mr. Eric Richer La Flèche will
become President and Chief Executive Officer of METRO inc., effective April
1st, 2008.
    Mr. La Flèche has been Executive Vice-President and Chief Operating
Officer since January 2005. His appointment follows the personal decision of
Mr. Pierre H. Lessard, President and Chief Executive Officer since 1990, to
retire at the termination of his employment contract ending April 1st 2008.
    "The appointment of M. La Flèche is in line with the Company's succession
plan, developed many years ago by the Human Resources Committee and the Board
of Directors. Therefore, the succession of the Chief Executive Officer comes
from within its own ranks in an orderly and harmonious way", indicated
Mr. Jodoin.
    Mr. La Flèche, 45, who holds an MBA from Harvard Business School as well
as a Bachelor of Laws degree from the University of Ottawa, joined METRO inc.
in 1991 as Senior Director, Real Estate Development. In 1992, he became
Vice-President, Real Estate and Legal Affairs, a position he held until 1997
and then moved to Super C where he contributed to the division's rapid
development. He was in charge of the Loeb division since its acquisition in
1999, leading its resurgence. He has held the positions of Senior
Vice-President, Super C and President, Loeb Canada inc. from 2000 to 2004.
    The Board wants to underline the outstanding contribution of Mr. Lessard
as CEO of METRO inc.
    Since he took the helm of METRO inc., the Company has reported 17 years
of sustained growth in net income. The market capitalization has increased
more than 60 times, reaching today $3.2 billion and sales are five times the
ones of 1990.
    Mr. Lessard, 65, has positioned METRO as a leader of the Canadian food
industry, with the acquisition and the integration of 48 Steinberg in 1992, of
41 Loeb stores in 1999 and finally, in 2005, A&P Canada with its 236 food
stores throughout Ontario under the A&P, Dominion, Food Basics, The Barn and
Ultra Food & Drug banners.
    Over the years, Mr. Lessard has taken great care to build a solid team of
talented managers making sure that today's accomplishments become the
foundation for an even more promising future for METRO, its employees and
    "I am sure that METRO's management team under the leadership of Eric
Richer La Flèche will continue its tradition of business excellence, growth
and building shareholders' value", said Mr. Lessard.


    With annual sales of nearly $11 billion and over 65 000 employees, METRO
INC. is a leader in the food and pharmacy market segments in both Quebec and
Ontario where it operates a network of close to 600 supermarkets under Metro,
Metro Plus, Super C, A&P, Dominion, Loeb and Food Basics banners as well as
over 250 pharmacies under the Brunet, Clini Plus, The Pharmacy and Drug Basics
    Photos of Mr. Lessard and Mr. La Flèche are available on request. Please
contact the undersigned for an electronic copy.

    Biographical Notes of Mr. Pierre H. Lessard
    Biographical Notes of Mr. Eric Richer La Flèche

    President and Chief Executive Officer

    Mr. Pierre H. Lessard holds an MBA from the Harvard Business School and a
master's degree in Commerce from Laval University. He is also a member and
Fellow (FCA) of the Quebec Order of Chartered Accountants.
    Mr. Lessard started his career as an auditor at Touche Ross and Company.
He subsequently joined in 1967, Denault Ltée, a food distributor of
Sherbrooke, where he held various positions, including that of Assistant to
the President, Treasurer and Controller.
    In 1969, when Denault Ltée, Couvrette & Provost and Lamontagne Ltée were
amalgamated to form Provigo Inc., he became Vice-President Finance and
Administration of the Company and was appointed President and Chief Operating
Officer in 1976.
    In October 1985, Mr. Lessard became Vice-Chairman of the Board of Pathonic
Network Inc. In March 1988, he was appointed President and Chief Executive
Officer of Aeterna Life Insurance Company, and in October 1990, he became
President and Chief Executive Officer of Metro Inc.
    He is a member of several boards, including those of TD Bank Financial
Group, SNC Lavalin Group Inc. and Metro Inc., and is involved in many
community activities and fund-raising campaigns.

    November 2007

    Executive Vice-President and Chief Operating Officer

    Mr. Eric Richer La Flèche holds an MBA from the Harvard Business School
and a degree in Civil Law (LL.L) from the University of Ottawa.
    Mr. La Flèche began his career in 1983 with the firm of Martineau Walker
as a corporate and securities lawyer. In 1985, he joined the Department of
Finance as Special Assistant to the Minister, Michael H. Wilson. From 1988 to
1990, he was a project development officer with Canderel Limited.
    His career in the grocery industry began in 1991 when he joined METRO INC.
as Executive Director of Real Estate Development, before being appointed
Vice-President of Real Estate and Legal Affairs. In 1997, he moved to the
Super C banner as Vice-President of Operations, then as Senior Vice-President
and General Manager. In 1999, he was appointed President of Loeb Canada Inc.
while remaining Senior Vice-President and General Manager of Super C. In
January 2005, he was appointed Executive Vice-President and Chief Operating
Officer of METRO INC.
    Mr. La Flèche is involved in several local charities.

    November 2007

For further information:

For further information: Marie-Claude Bacon, Director, Corporate
Affairs, (514) 643-1086, 1-800-361-4681; SOURCE: METRO

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