Schibsted

Schibsted (OSL:SCH) Cathrine Foss Stene, Senior Vice President in Schibsted, has on 7 November 2008 bought 1,000 shares at 81.50. Foss Stene now holds 1,063 shares.

Schibsted (OSL:SCH) At the Board meeting on November 6, the Board of Directors of Schibsted ASA approved the interim financial statement as of September 30, 2008. Please find enclosed the Interim Report for Q3 2008.

Schibsted (OSL:SCH) We hereby invite you to participate at the presentation of Schibsted's 3rd Quarter Results 2008.

Schibsted (OSL:SCH) Report 4 quarter 2008 - 27 February 2009 Report 1 quarter 2009 - 15 May 2009 Report 3 quarter 2009 - 14 August 2009 Report 3 quarter 2009 - 13 November 2009

Schibsted (OSL:SCH) Schibsted is in the process of refinancing the EUR 400 million bridge loan through which the acquisition of Trader Classified Media was financed in 2006. The banks have given their commitments and the new facility will total EUR 500 million. The facility is a three year multi-currency drawing facility. The agreement will be signed in October.

Schibsted (OSL:SCH) The project board of Media Norge has recommended the boards of Aftenposten, Bergens Tidende, Fædrelandsvennen and Stavanger Aftenblad to propose to the general meetings of the media houses the following amendments to the merger plan for Media Norge:

Schibsted (OSL:SCH) Stein Yndestad, CFO of Schibsted Classified Media, has on 9 October 2008 bought 200 shares at 89.90. Yndestad now holds 1,202 shares.

Schibsted (OSL:SCH) The employees of the Schibsted group have this year, as earlier years, been offered to buy shares in Schibsted ASA for up to NOK 6,000 at a discounted price. The price was determined from the average market price during the period September 15th to September 19th minus a 20% discount. This gives a price of NOK 93.33 per share and implies an acquisition of 63 shares. The subscription deadline was 30 September 2008. The following primary insiders have signed up for this offer:

Schibsted (OSL:SCH) Schibsted ASA has in relation to an employee share offering sold 57,645 shares to 'Stiftelsen Schibstedansattes Aksjekjøp' at a price of NOK 116.66 per share. The holding of own shares after the sale is 4,660,641.

Schibsted (OSL:SCH) The process of establishing Media Norge carries on. The project board of Media Norge was today informed that Schibsted intends to continue the project along the main lines drawn up earlier. Based on the significant changes that have taken place in the financial- and advertising markets, certain financial adjustments of the original plan are being prepared.