Disclosure of Significant Shareholding

Securities Regulation of 29 June 2007 ("STA") -
Disclosure of Significant Shareholding

In the name and on behalf of FIL Limited, P. O. Box
HM 670, Hamilton HMCX, Bermuda, (the "Investment
Manager") we hereby notify you pursuant to STA
Chapter 4, Section 4-1 the following:

On 17 November 2010 the shares and rights to shares
in Schibsted ASA (the "Company") attributable to the
Investment Manager crossed above the threshold of
5%. The threshold was crossed by means of buys of
59,800.

As a consequence, the total shareholding deemed to be
held is 5,448,909 which represents 5.05% of the
shares outstanding and voting rights of the Company.

The shares and rights to shares are owned by the
funds listed on Schedule A and are managed by the
designated management companies which are
undertakings controlled by the Investment Manager.

If you have any questions with respect to this
notification, please contact Shaheen Hussain,
Regulatory Reporting, at +44 1737 837149 or by fax at
+44 1737 837450 or via email fil-regreporting@fil.com.

By__
Michael Hepworth
Regulatory Reporting Senior Manager
Duly authorized under Powers of Attorney effective
July 12, 2010 by FIL Limited and its direct and
indirect subsidiaries.

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