Mandatory notification of trade

Schibsted ASA (SCH) , Published 06/03/2012 08:15:00

CFO Trond Berger has on 5 March 2012 sold 12,000 shares in Schibsted ASA at an average price of NOK 189.9708. After the transaction Trond Berger owns 8,936 shares in Schibsted ASA. The shares are sold as a consequence of an acquisition of a vacation home.

Deputy member of the Board of directors, elected by the employees, Arve Jakobsen, has on 15 February 2012 sold 31 shares in Schibsted ASA at a price of NOK 175.4355 per share. After the transaction, Jakobsen holds no shares in Schibsted ASA.

In connection with Schibsted’s option scheme for key personnel, 20,000 options with the right to acquire 25,120 shares were exercised on 5 March 2012 at price NOK 132.70 per share. After the transaction, Schibsted holds 992,878 own shares.

Oslo, 6 March 2012

Jo Christian Steigedal
VP Investor Relations

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.