Schibsted management calls options and sells shares

Schibsted ASA (SCH) , Published 08/11/2004 09:17:12

In accordance with the option program for the top management at Schibsted 60,000 shares have been called. Schibsted has sold shares from the stock of own shares. The options were awarded in 2001 and the strike is at NOK 100. The shares have been sold from Schibsted at 100, and management has sold shares at an average price NOK 155,03 through the Oslo Stock Exchange. The transaction took place Friday the 5th of November.
After the transaction Schibsted holds 1,320,470 own shares.
Oslo, 8 November 2004
Catharina Thorenfeldt
VP Investor Relations