Schibsted ASA (SCH) - Schibsted divests real estate in Stavanger

Schibsted Media Group has entered into an agreement to sell the Stavanger
Aftenblad office building at Nykirkebakken 2 in the centre of Stavanger for NOK
378 million. The building mainly consists of office space, totally gross
approximately 12,000 square meters.

The transaction is completed at the end of Q3 2014, and Schibsted expects to
book a gain of around NOK 90 million. Net cash contribution to Schibsted is NOK
363 million.

Schibsted has a lease contract for the offices in Nykirkebakken 2 which expires
at the end of Q3 2026, with options to prolong. At the Schibsted group level the
sale will have a net negative annual effect on gross operating profit (EBITDA)
of around NOK 25 million.

Oslo, 30 September 2014
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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