The identification of a linear continuous-time model for a multivariable dynamic system from sampled input-output observations is considered. An augmented hybrid parametric method is proposed to overcome the interference of the coloured output noise in the sampled output. The parameters of the continuous-time process model are estimated from an augmented input-output realization which utilizes the dynamic information of the discrete-time noise model. Numerical examples are presented to illustrate how to obtain an adequate dynamic process model, considering the coloured output noise, by using a discrete-time noise model.