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2015-09-02

Schibsted: Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade

Schibsted Media Group has allotted shares to participants in the Group's
performance based share purchase program for employees in Schibsted
Classified Media. The allotments are related to an accelerated termination of
the 2013 program and a one-off allotment as a substitution of the 2014
program. As of 2015, the performance based share purchase program has been
replaced by a new long term incentive program.

Please find attached overview of the number of shares allotted to primary
insiders, as well as their total holding of shares after this allotment.

Schibsted Media Group has granted restricted share awards to Rian Liebenberg
through the Senior Executive Plan under the Long Term Incentive program for
2015 (LTI 2015). Liebenberg was granted 1,633 A-shares. After the
transaction, Liebenberg holds 1,633 A-shares and no B-shares in Schibsted
ASA. Please refer to Schibsted's regulatory release on 29 June 2015 for
further details about the program.

The transfer of the shares is done in the coming days, and implies that
Schibsted ASA transfers 121,668 treasury A-shares to employees of the Group.
After this, Schibsted ASA holds 332,082 treasury A-shares and 565,204
treasury B-shares.

For further details of the performance based share purchase program, please
refer to the declaration on management remuneration in the Group's annual
reports.

Oslo, 2 September 2015
SCHIBSTED ASA

Jo Christian Steigedal
Head of Investor Relations

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

Allotment of shares to primary insiders
http://hugin.info/131/R/1949115/708202.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Schibsted via Globenewswire

HUG#1949115

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