Grant of options

SCHIBSTED ASA (SCH) , Published 07/02/2007 08:09:07

The newly appointed CEO of Metronome Film & Television AB, Mats Alders, has been granted options in the Schibsted share according to the options program targeted at top management within Schibsted. Mr Alders was granted 7,500 options and now holds 7,500 options and no shares in Schibsted.
The options were granted under the same conditions as were given the other participants of the option program for the allotment of 2006. Associated with the option program there is an obligation to reinvest and to hold a minimum amount of Schibsted shares. The exercise price of NOK 179.4 is based on the share price one week prior to and one week following the Annual General Meeting on 11 May 2006. The allotment may be exercised from 1 January 2009 to 31 December 2010. 
Oslo, February 7, 2007