The labour conflict at Schibsteds printing plant in Oslo has been resolved and the managements requirements has been fully redeemed. The union has admitted that the production problems were due to illegal labour actions. Furthermore the union has promised to do their uttermost to prevent such incidents to occur again. If the agreement is broken Schibsted Trykk will demand compensation for any losses occurred.
Oslo, 19th January 2001
SCHIBSTED ASA
Mette D. Storvestre
Investor Relations Manager