Intention to sell head office building

Schibsted ASA (SCH) , Published 12/03/2007 09:18:41

Schibsted has entered into a process for selling its head office building in Apotekergaten 10, Oslo. The proceeds from the sales are expected to be approx. NOK 275 million to NOK 300 million. The head office building has a book value of approx. NOK 130 million. The process is expected to be finalised within short time.
Contact person:
CFO Trond Berger, tel.: +47 91 68 66 95
Oslo, 12 March 2007
Schibsted ASA