Today options in the Schibsted share have been issued to cover the three-year rolling options program targeted at key persons within Schibsted.
The exercise price based on the share price 1 week prior to and 1 week following the Annual General Meeting 2 May 2005 is NOK 151.30. This year’s allotment has to be exercised by the end of 2008. The following persons are included in the option-part of the incentive program:
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Number of options:
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Schibsted ASA:
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CEO
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Kjell Aamot
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30,000 (10,000 per year)
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Executive VP & CFO
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Trond Berger
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15,000 (5,000 per year)
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Executive VP
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Jan Erik Knarbakk
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15,000 (5,000 per year)
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Executive VP
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Birger Magnus
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15,000 (5,000 per year)
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Executive VP
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Sverre Munck
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15,000 (5,000 per year)
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VP
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Aslak Ona
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7,500 (2,500 per year)
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Aftenposten AS:
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Managing director
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Olav Mugaas
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7,500 (2,500 per year)
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Editor-in-Chief
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Hans Erik Matre
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7,500 (2,500 per year)
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Verdens Gang AS:
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Managing director
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Rolv Erik Ryssdal
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7,500 (2,500 per year)
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Editor-in-Chief
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Bernt Olufsen
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7,500 (2,500 per year)
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Svenska Dagbladet AB:
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Managing director
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Gunnar Strömblad
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7,500 (2,500 per year)
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Editor-in-Chief
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Lena K. Samuelsson
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7,500 (2,500 per year)
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Contact person:
Executive VP & CFO Trond Berger, mobile phone: +47 91686695
Oslo, June 22 2005
SCHIBSTED ASA
Gisle Glück Evensen
Investor Relations