Employee Share Offering

Mandatory notification of trade , Published 03/12/2010 08:45:00

The employees of the Schibsted 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 17th 2010 minus a 20% discount. This gives a price of NOK 122.40 per share and implies an acquisition of 49 shares. The subscription deadline was 17 November 2010. The following primary insiders have signed up for this offer:


Name/new number of shares incl. close affiliates


Askildsen, Ingrid 213
Berger, Trond 18,923
von der Fehr, Anne Lise Mørch 149
Halla, Stine 49
Jarlsby, Camilla 1,956
Jenssen, Roy Alvin 49
Johansen, Frank Johan 260
Jonsen, Marit 204
Kagge, Gunnar 174
Munck, Sverre 16,526
Nilsen, Britt 284
Odinsen, Hege Lyngved 417
Olufsen, Bernt 17,698
Pedersen, Torry 2,728
Rambøl, Sigrid 212
Ryssdal, Rolv Erik 11,236
Steigedal, Jo Christian 795
Thorenfeldt, Catharina 819


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


In connection with the employee share offering, Schibsted ASA has sold 36,211 own shares to the foundation ‘Stiftelsen Schibstedansattes Aksjekjøp’ at an average price of 153,00. After the transaction, Schibsted holds 4,491,461 own shares, of which 4,451,961 are held by Schibsted ASA and 39,500 by the subsidiary Bergens Tidende AS.


Oslo, 3 December 2010



Jo Christian Steigedal

VP Investor Relations


This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)