Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade - Long-term incentive programs

Schibsted Media Group has granted 58,830 B-shares to key employees as part of
the Key Contributor Plan under the Long Term Incentive program for 2015 (LTI KCP
2015) and the Long Term Incentive program for 2016 (LTI KCP 2016).

In LTI KCP, each participant is granted a share award based on a fixed percent
of the participant's base salary. The share award vests at a rate of 1/3 over a
three-year period, starting the year after the grant.

Please find attached overview of the number of shares granted to primary
insiders, including their total holding of shares after this allotment.

After this, Schibsted ASA holds 351,960 treasury B-shares.



Oslo, 31 March 2017
SCHIBSTED ASA

Espen Risholm
IRO

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