Price increase for VG

Schibsted ASA (SCH) , Published 15/05/2008 08:30:00

The board of directors of Verdens Gang AS has decided to increase the cover price of the paper edition from NOK 10.00 to NOK 11.00 for the Monday to Friday editions with effect from 1 July 2008. Given the circulation level as of the end of Q1 2008, this will have a positive effect on EBITA for 2008 with NOK 25-30 million (half year effect).
 
Contact person:
Managing director of Verdens Gang AS, Rolv Erik Ryssdal, tel. +47 91 600 200
 
 
Oslo, 15 May 2008
SCHIBSTED ASA
 
Jo Christian Steigedal, IR Officer