Steve,
Yes it does have a light meter,battery operated,
to check it set the film speed to 100 and shutter to 2000,turn the dial under the rewind knob to C,look in the viewfinder and the match needle should go to the bottom blue mark,( also used for stopped down index)if it goes below then you kneed a new battery.
When you need to use the camera (light meter)turn the dial to ON,turn it off to conserve battery when not in use or between shots
Hope this help