Vend Marketplaces ASA

M&A Activity • Jun 18, 2015

Schibsted ASA (SCHA/SCHB) - Schibsted strengthens its leading position in Mexico through acquisition of online classifieds site Anumex

Schibsted ASA (SCHA/SCHB) - Schibsted strengthens its leading position in Mexico through acquisition of online classifieds site Anumex

Schibsted Media Group has acquired the Mexican online classifieds site Anumex.

Schibsted's fully owned existing online classifieds site Segundamano.mx is the

largest online classifieds site in Mexico in terms of traffic, content and brand

recognition. Anumex contributes to strengthen this position.

Anumex is leading in some of the 31 Mexican federal states. The site was

launched in 2004, and has up until Schibsted's acquisition been owned by the

founders and financial investors. Segundamano.mx was launched by Schibsted in

July 2012, and has experienced solid growth since.

"By combining the two sites, we are able to create additional value for buyers

and sellers through an even larger and more liquid market place. This

acquisition represents another move towards our goal of establishing strong,

market leading online classifieds positions in attractive markets. To achieve

this goal, we invest both through organic initiatives, bolt on acquisitions and

structural agreements, CEO of Schibsted Media Group," Rolv Erik Ryssdal says.

Schibsted regards the Mexican online market to be highly attractive, though

relatively immature. Internet penetration as well as the general economy enjoys

high growth rates.

The parties have agreed not to communicate the value of the transaction, and the

transaction has been closed.

Contact person:

Trond Berger, CFO. Tel: +47 916 86 695

Oslo, 18 June 2015

SCHIBSTED ASA

Jo Christian Steigedal

VP Investor Relations

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1929566]