Continuation of incentive program

Schibsted ASA (SCH) , Published 27/06/2003 10:08:38

The exercise price was in year 2000 NOK 185, in year 2001 NOK 100, in year 2002 NOK 93 and it is this year NOK 98.  This year’s allotment has to be exercised within the end of 2006.  The following persons are included in the option-part of the incentive program:
 
Schibsted ASA –
Group Management:
Number of options:
 
 
 
CEO
Kjell Aamot
30,000 (10,000 per year)
Executive VP & CFO
Trond Berger
15,000  (5,000 per year)
Executive VP
Jan Erik Knarbakk
15,000  (5,000 per year)
Executive VP
Birger Magnus
15,000  (5,000 per year)
 
 
 
Aftenposten AS:
 
 
Managing director
Olav Mugaas
7,500  (2,500 per year)
Editor-in-Chief
Einar Hanseid
7,500  (2,500 per year)
 
 
 
Verdens Gang AS:
 
 
Managing director
Aslak Ona
7,500  (2,500 per year)
Editor-in-Chief
Bernt Olufsen
7,500  (2,500 per year)
 
Contact person:
Executive VP & CFO Trond Berger, mobile phone: +47 916 86 695
 
Oslo, June 27 2003
SCHIBSTED ASA
 
Stein Yndestad
VP Investor Relations
Group Treasurer