Adevinta - Share Issue/Capital Change 2019

Adevinta ASA (ADE) - Subscription by primary insider in the Rights Issue

Oslo, 6 November 2019

Reference is made to the ongoing rights issue in Adevinta ASA ("Adevinta").

Adevinta's majority shareholder with 59.3% of the shares Schibsted ASA has, on

5 November 2019, subscribed for 2 470 398 new shares based on subscription

rights granted in the rights issue. Following which, Schibsted owns 54

subscription rights and upon issuance of the new shares, it will own a total

number of 406 050 523 ordinary shares in Adevinta. All shares are subscribed at

par value, NOK 0.20 for each share.

This information is subject to disclosure requirements pursuant to section 4-2

of the Norwegian Securities Trading Act.

IMPORTANT NOTICE TO U.S. SHAREHOLDERS

The share collapse and rights issue described in this document involve

securities of a foreign company. The share collapse and rights issue are subject

to disclosure requirements of a foreign country that are different from those of

the United States.

It may be difficult for you to enforce your rights and any claim you may have

arising under the federal securities laws, since the Company is located in a

foreign country, and some or all of its officers and directors may be residents

of a foreign country. You may not be able to sue a foreign company or its

officers or directors in a foreign court for violations of the U.S. securities

laws. It may be difficult to compel a foreign company and its affiliates to

subject themselves to a U.S. court's judgment.

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