NOT FOR DISTRIBUTION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
These materials are not an offer for sale of securities. The securities have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act. The company does not intend to register any part of the offering in the United States or to conduct a public offering of securities in the United States. Any offering of securities will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management, as well as financial statements.
In any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any member State, the “Prospectus Directive”), this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive.
This communication is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) above together being referred to as “relevant persons”). The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.
The shares of Schibsted ASA will from today trade without entitlement to subscription rights in the rights offering. The historic share prices of Schibsted ASA have been adjusted by a factor of 0.797065 to reflect the split between the shares and the rights.
The subscription price is fixed at NOK 34.00 per share, and holders of subscription rights will be given preferential rights to one (1) new share for every 1.67 subscription rights held. The subscription period and trading in subscription rights on the Oslo Stock Exchange is expected to commence on 18 June and end on 2 July.
For further rights offering details, reference is made to the stock exchange notification on 11 June 2009.
Oslo, 12 June 2009
SCHIBSTED ASA