Vend Marketplaces ASA

Report Publication Announcement • Nov 18, 2014

Schibsted ASA (SCH) - Investor Seminar 2014

Schibsted ASA (SCH) - Investor Seminar 2014

Schibsted Media Group hosts an Investor Seminar in Barcelona 18 November 2014.

The presentation material and more information are available at

www.schibsted.com/ir. The presentation can be followed live on webcast on the

same site from 16:00 CET on 18 November. The Online classifieds segment of

Schibsted is the focus area for the seminar.

Schibsted's target of annual revenue growth for online classifieds operations

over the medium to long term is maintained at 15-20%. The development in France

is expected to continue to be positive, and the operations in Spain are likely

to start growing in terms of revenues and EBITDA in 2015. Our Italian operation

Subito.it is strengthening its leading position in the Italian classifieds

market, and the growth is expected to continue with a good pace. These markets

will be key growth drivers in the short term. In Norway, revenues are expected

to grow with a low single digit percentage rate in 2015, as recruitment volumes

may stay low, and taking into consideration the one-off negative revenue effect

of the generalist category for privates going to a freemium model.

Blocket.se/Bytbil.se are likely to grow with a high single digit percentage rate

in 2015, as private car volumes are soft, but with good growth contribution from

recruitment and real estate verticals, as well as display advertising.

Schibsted's emerging markets portfolio is considerably strengthened through the

joint venture agreement with Naspers announced 13 November 2014. Schibsted,

Naspers, Telenor and SPH have agreed to establish joint ventures for the

development of their online classifieds platforms in four key markets - Brazil,

Indonesia, Thailand and Bangladesh. By coming together, the businesses would be

able to share cost, expertise and people to more effectively build awareness of

the benefits of a vibrant online classifieds offering to consumers.

Schibsted's media houses continue to develop rapidly towards the ambition of

being World Class Digital Media Houses. In the short term, margins in the media

houses are likely to go somewhat down as a consequence of the transition.

Contact persons:

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

Jo Christian Steigedal, VP Investor Relations. Tel: +47 415 08 733

Oslo, 18 November 2014

SCHIBSTED ASA

Jo Christian Steigedal

VP Investor Relations

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1872490]