Employee share offering

Mandatory notification of trade , Published 24/11/2011 08:50:00

The employees of the Schibsted Media Group have this year, as in previous years, been offered to buy shares in Schibsted ASA for up to NOK 6,000 at a discounted price. The price was equal to the closing price on November 14th 2011 minus a 20% discount. This gives a price of NOK 113.36 per share and implies an acquisition of 52 shares. The subscription deadline was 14 November 2011. The following primary insiders have signed up for this offer:

Name/new number of shares incl. close affiliates

Askildsen, Ingrid                                            265
Berger, Trond                                       20,936
Grünthal, Raoul                                         2 443
Hagebakken, Liv Monica                                            700
Jarlsby, Camilla                                         3,352
Johansen, Frank Johan                                            312
Jonsen, Marit                                            256
Kagge, Gunnar                                            226
Munck, Sverre                                       18,539
Nilsen, Britt                                            336
Odinsen, Hege Lyngved                                            469
Rikter, Anders                                              52
Ryssdal, Rolv Erik                                       14,263
Rønning, Anders Christian                                            101
Stav, Stine Halla                                            101
Steigedal, Jo Christian                                            847
Seljeseth, Terje                                         6,891
Thorenfeldt, Catharina                                            871
von der Fehr, Anne Lise Mørch                                            201

The shares will be transferred to the individuals within the next few days.

The employee share offering implies that Schibsted ASA has sold 36,608 shares at NOK 113.36 per share to employees. After the transaction, Schibsted ASA holds 1,061,958 own shares.

Oslo, 23 November 2011


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