Schibsted: Schibsted ASA (SCH) - Mandatory notification of trade - exercise of options

Schibsted: Schibsted ASA (SCH) - Mandatory notification of trade - exercise of
                                   options

In connection with an earlier option program for key employees, CEO Rolv Erik
Ryssdal has on 2 October 2013 exercised 7,500 options with the right to
acquire 9,420 shares in Schibsted ASA at NOK 132.70.

The options were allotted in 2008, and are being exercised because the last
possible day of exercise is 31 October 2013.

Linked to the options, there is an obligation to reinvest. On this background,
8,062 shares were sold in the market at NOK 317.257 per share, whereas 1,358
shares are transferred to Rolv Erik Ryssdal in the coming days. Ryssdal holds
after the transaction 30,398 shares in Schibsted ASA.

After the transaction, Schibsted ASA holds 666,535 own shares.

                            Oslo, 30 October 2013
                                SCHIBSTED ASA

                            Jo Christian Steigedal
                            VP Investor Relations



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

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Source: Schibsted via Thomson Reuters ONE
HUG#1733335
 
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