Schibsted ASA (SCH) – Launch of 20 MIN in Zurich and Cologne, Published 10/12/1999 14:37:00

It is decided to launch the free newspaper 20 MIN in Cologne and Zurich early next week. The newspaper is owned by Schibsted and a European investments bank. The newspapers will have a estimated circulation of appr. 150, 000 in Cologne and 125,000 in Zurich. The newspapers will be distributed in the cities’ public transportation network.

Oslo, 10th December 1999

SCHIBSTED ASA

Mette D. Storvestre

Investor Relations Manager