Schibsted ASA (SCH) - Mandatory notification of trade

Primary insider Ole Jacob Sunde, chairman of the Board in Schibsted ASA, has on
3 December 2010 sold 40,000 shares in Schibsted ASA through Ringgården AS at an
average price of NOK 160.7411 per share. After this transaction Ole Jacob
Sunde holds 121,244 shares in the company.

Oslo, 6 December 2010
SCHIBSTED ASA

Jo Christian Steigedal
VP Investor Relations


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)



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