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Report Publication Announcement • May 4, 2016

Schibsted ASA (SCHA/SCHB) - Invitation to the presentation of Q1 2016 Results

Schibsted ASA (SCHA/SCHB) - Invitation to the presentation of Q1 2016 Results

We hereby invite you to participate at the presentation of the Schibsted Media

Group Q1 2016 report on 11 May 2016.

Quarterly Earnings Release

Time: 11 May 2016 at 07.00 CET

Interim report, presentation materials, and spreadsheet with key figures and

analytical information will be made available on the investor relations pages at

www.schibsted.com/ir.

Results Presentation

Time: 11 May 2016 at 09.00 CET

Location: Schibsted's premises in Apotekergaten 10, Oslo.

The presentation will be webcasted live at www.schibsted.com/ir. It will be

presented in English.

CEO Rolv Erik Ryssdal and EVP CFO Trond Berger will hold the presentation.

A recording of the presentation will be available on our web site shortly after

the live webcast has ended.

Conference call - Q&A session

Time: 11 May 2016 at 14.00 CET

Questions relating to the results will be answered in a conference call. The

session will be held in English. To participate, please call:

Norway: 800 56 054

UK: 0800 279 5004

USA: 1877 280 1254

International: +44 (0)20 3427 1913

Conference ID is 1328764. A recording of the conference call will be made

available at www.schibsted.com/ir.

Yours sincerely,

SCHIBSTED ASA

Jo Christian Steigedal

Head of IR

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#2009867]