CORRECTION: Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade

Employee Share Saving Plan
Schibsted Media Group has on 29 July 2015 sold 13,230 treasury A-shares to participants in the Employee Share Saving Plan at a price of NOK 278.90 per A-share (the closing price 28 July 2015). The shares will be transferred to the participants in the coming days. The transaction is in relation to the second enrolment window in the Employee Share Saving Plan for 2015.

Shares sold and transferred to primary insider employees are disclosed in the attachment. 

For more information on the employee share saving plan please refer to the disclosure published 9 April 2014.

Restricted share award in Schibsted Media Group's Long Term Incentive program 2015
Schibsted Media Group has granted restricted share awards to Christian Printzell Halvorsen through the Senior Executive Plan under the Long Term Incentive program for 2015 (LTI 2015). Halvorsen was granted 1,778 A-shares. After the transaction, Halvorsen holds 5,385 A-shares and 2,880 B-shares in Schibsted ASA. Please refer to Schibsted's regulatory release on 29 June 2015 for further details about the program.

After the above transactions, Schibsted ASA holds 453,750 treasury A-shares and 565,204 treasury B-shares.

Primary insider share sale
Primary insider Stein Yndestad sold on 29 July 2015 3,000 A-shares in Schibsted ASA at a price of NOK 281.00 per share. After the transaction, Yndestad holds 1,179 A-shares and 2,310 B-shares in Schibsted ASA.

Oslo, 30 July 2015
SCHIBSTED ASA

Anders Christian Rønning
Investor Relations Officer

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