Vend Marketplaces ASA

Earnings Release • Jul 18, 2014

Quarterly results Q2 2014

Rolv Erik Ryssdal, CEO Trond Berger, CFO 18 July 2014

Mixed results in Q2 – well positioned for future online classifieds growth

Online classifieds	Solid revenue growth in France and Sweden. Finn developing platform for long term growth
	Building momentum for real estate growth in France
	Positive effect from investments in traffic growth in Spain and Italy, though leading to lower EBITDA contribution in Q2
	Significant investments in new ventures yielding strong traffic growth – new ads per day in Brazil +160% Y/Y
Media Houses	Continued strong online growth
	Negative print development continues – putting further pressure on margins
	Continuous efforts to adapt cost base to the market development
	Strong revenue development and improved EBITDA margin in

Schibsted Growth

Q2 highlights

Continued progress in digitalization

Online Classifieds 60 % Media Houses 40 % Online Classifieds 67 % Media Houses 32 % Online classifieds 32 % Media Houses online 22 % Media Houses Offline Advertising 17 % Media Houses subscription 10 % Media Houses single copy 14 % Other Revenues Q2 2014 Percentage EBITDA* ex New Ventures Q2 2014 Percentage EBITDA* Q2 2014 Percentage Online share 54% (46%) *) EBITDA excluding HQ and Other operations

Online classifieds

European footprint of market leading online classifieds sites

Growth potential in European countries ramping up traffic and revenues

Market			Position		Overall traffic rank in	Current rate of
	al er n e G	s ar C	st. e al e R	s b o J	the country2	monetization
France	1	1	1		3	Low
Norway	1	1	1	1	3 3	High
Sweden	1	1	2	1-2	3 3	Medium/high
Spain1	1-2	1-2	1-2	1	6	Low/medium
Italy	1	1			9	Low
Austria	1	1-2	1		4	Low
Ireland	1	1-2			3	Medium
Finland	1	1-2			6	Low

1) Agreed to acquire Milanuncios.com 2) Page views, source Comscore

3) TNS Gallup and KIA Index. Facebook and Google not in the surveys, but estimated to have higher traffic.

15-20% medium to long term growth target Online classifieds

Online classifieds – Large established

Q2 2014 8

Continued growth with a broad range of growth drivers

France

• Continued good growth driven by display advertising, premium placements and professional listing fees
• Preparations for real estate sale agreement terminates at year end
• Continued improvement of the strong positions in the professional car market

Significant potential in real estate

Leboncoin leading in total listings and traffic, but low monetization

	Leboncoin	SeLoger
Unique visitors1	8.4 mln	3.2 mln
Pro listings1	987,762	1,080,853
Private listings1	384,048	0
Active agents1	25,120	24,527

April 2014 data

France

• Standalone strategy to be implemented as Spir agreement expires end 2014
• Ramp up of sale during autumn 2014
• The French real estate market
• 668,000 objects sold in 2013*, of which 70% through agents and 30% C2C
• Online real estate ad market estimated to be around EUR 250 million per year**

Leboncoin strengthens car market share France Online classifieds – Large established

Clear volume leader

Car dealers on the site Number of pro cars on the site

Finn.no investing in next generation online marketplace Online classifieds – Large established Norway

5-10% annual revenue growth medium to long term expected

• Freemium strategy boosts traffic and volumes
• Developing new mobile functionality peer to peer solutions – including payments
• Revenue growth year to date of 8%
• Some negative Easter effect in Q2
• Jobs under continued macro pressure causing margin decline
• Freemium strategy reduces 2014 revenues with around 3% and EBITDA with around 6% (NOK 40 million)
• Implemented from May 14

Strong volume growth in generalist – freemium strategy on track Norway

0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000 Jan Feb Mar Apr Mai Jun Jul Aug Sep Okt Nov Des 2010 2011 2012 2013 2014

• On track to reach 3-5x volume growth
• Number of private advertisers is doubled
• Traffic and share of logged in users increased
• No negative effect on ad quality

Sharp volume growth in generalist Cyclical decline for job ads

*) NAV is the The Norwegian Labour and Welfare Service

Next: Developing a more engaging and social marketplace experience Norway

5-10% annual revenue growth medium to long term expected

Good growth and progress in establishing job and real estate verticals Online classifieds – Large established Sweden

Sweden

• Good growth in volume and market position in real estate and jobs
• Investment in market position dilutes margins compared to 2013
• Year to date revenue growth of 12%
• Some negative Easter effect in Q2

Good progress in real estate and jobs Sweden Online classifieds – Large established

Real estate Jobs

• 47% of total real estate ads on Blocket Bostad
• Clear number 2 position in the market
• Five realtor chains publish exclusively on Blocket for the first three days
• Represent 23% of the market volume

Blocket job leading by traffic after StepStone acqusition

Focus on quality and user experience yield traffic growth Spain Online classifieds – Other established

• Effective measures to improve traffic growth implemented
• Improved user interface
• Increased speed and stability
• Removal of intrusive features
• Reduced revenues and EBITDA margin, as planned
• Milanuncios acquisition expected to be closed in Q3 2014

YoY traffic growth

Source: XiTi (weeks 23-26, 2014 vs. 2013)

Signs of improved macro conditions Online classifieds – Other established

Registered unemployment*

*Source: Ministerio de Empleo y Seguridad Social

**Source: SCM Spain internal data

Active job offers in Infojobs**

Increasing monetization in promising European markets Online classifieds – Other established

• Less developed markets growing well in terms of traffic and monetization
• High future potential for market leading sites in Italy, Austria, Ireland and Finland

Significant investments yield strong growth in emerging markets Online classifieds – Investment phase

• Main driver for increase in investments is Brazil
• Good return on investments through outstanding traffic growth and growth in new ads per day
• Mobile visits growth >800% Y/Y (msite + apps)
• Strong growth in new ads in several emerging markets
• Chile +119%, Indonesia +95%, Philippines +130%, Vietnam +489%
• Morocco merger with Avito closed in Q2 2014

Approved new ads per day Brazil +160% Y/Y

Total pages viewed Brazil (million)

Mobile development is top priority Online classifieds

Increased ownership in fast growing mobile market place Shpock

• Mobile-only Shpock app with promising development in Germany and Austria
• Launched in UK with good early response
• More than 5 million listings and 3 million app downloads
• 49.9% Schibsted ownership – path to full control

Centrally developed new mobile app to be rolled out in SCM markets Online classifieds

• Uniform design across SCM sites increase speed of innovation
• Focus on accounts and log in
• Quick publication of text and pictures
• More "next generation" functionality to be rolled out during 2H 2014

Media houses

World class digital media houses

Digital transition continues, adaption of the cost base

Total Schibsted Norge and Schibsted Sverige media houses Rolling 12 months 0% 4% 8% 12% 16% 20% 24% 0 2,000 4,000 6,000 8,000 10,000 12,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2012 2013 2014 Online revenues Offline revenues/Other EBITDA margin Million NOK EBITDA margin

• Online revenues +21% Y/Y in Q2
• Print advertising -17%
• Circulation revenues maintained unchanged
• Online investments and print ad decline reduces margin
• Further cost measures under implementation
• Margins will remain under pressure

World class digital media houses

Single copy papers: Steady online growth, investments in new digital products

Online advertising share 70% (62%) Main digital growth drivers are mobile and web TV

Mixed development for subscription newspapers World class digital media houses – subscription newspapers

• Online advertising revenues +13%
• Print advertising revenues -18% (negative Easter effect in Q2 2014)
• Increased circulation revenues print/digital bundles well received
• Total cost reduced by 5%

Continuous adaptions of cost base – digital transition on track World class digital media houses

• Local efficiency process in all newspapers
• Mainly affecting subscription based newspapers
• Further ramp up of online activities, including data analytics, technology and web TV
• ► Margins remain under pressure short and medium term

Screenshot from VG TV's coverage of the football World Cup in Brazil

World class digital media houses

Our daily reach is larger than ever

World class digital media houses

Solid performance for Schibsted Growth

• Increased revenues and operational improvements resulted in margin expansion
• Strong growth for personal finance and coupon business Let's Deal

Schibsted Growth (Sweden)

Continued online growth, firm margins before investments in New ventures

NOKm	Q2 13	Q2 14
Operating revenues	3,870	3,834
Gross operating profit (EBITDA)	562	574
EBITDA ex. Investment phase	781	711
EBITDA margin	15 %	15 %
EBITDA margin ex. Investment phase	20 %	19 %
EBITDA Online classifieds, established	529	529
EBITDA Online classifieds, investment phase	-219	-137
EBITDA Media houses	325	256

• Underlying revenue growth 1%
• Online classifieds underlying revenue growth 9%, 12% ex. Spain

EBITDA development in Q2

Income statement Schibsted Group

			Full year
(NOK million)	Q2 2014	Q2 2013*	2013*
Operating revenues	3 834	3 870	14 870	NOK 82 million decreased
Operating expenses	(3 260)	(3 308)	(13 093)	investment Y/Y in online classifieds
Gross operating profit (EBITDA)	574	562	1 777	New ventures.
Depreciation and amortization	(112)	(119)	(476)
Share of profit (loss) of JVs and associates	(216)	(11)	(123)	JVs (mainly online
Impairment loss	-	(2)	(150)	classifieds New ventures) reported
Other income and expenses	(30)	8	647	with the equity method as of Q1
Operating profit (loss)	216	438	1 675	2014. 2013 figures
Net financial items	(26)	(63)	(185)	restated.
Profit (loss) before taxes	190	375	1 490
Taxes	(162)	(171)	(453)	High tax rate mainly
Profit (loss)	28	204	1 037	as tax benefit from losses in Online
				classifieds investment phase are not
EPS (NOK)	0,06	1,72	9,43	recognized.
EPS - adjusted (NOK)	0,26	1,65	3,90
*) Restated figures

New cost measures in media houses

• Ongoing program and cost measures in order to maintain healthy profitability
• Gradually implemented in 2014
• Restructuring charges of NOK 34 million in Q2 2014
• Full year charges for 2014 expected to be around NOK 100 million
• Further margin pressure expected for Media Houses in a mid term print to online transition phase

Stable, strong financial position. EUR 325 million facility refinanced Financials

• Net Interest Bearing Debt NOK 2.2 billion
• NIBD/EBITDA* at 1.1x end of Q2
• Refinanced a EUR 325 million loan facility in July 2014. Replaced by a EUR 300 million facility
• 5 years maturity plus two extension options of one year
• Maintaining a diversified debt portfolio
• High CAPEX in Q2 as a result of preparations for co-location in Oslo

*) NIBD/EBITDA according to bank definition.

**) Chart reflects the status as of 30 June 2014, but adjusted for the refinancing carried out in July 2014

Debt maturity profile**

Q2 2014

34

Key financial figures

NOK NOK 2.47 1.91 -4.62 0.50 1.72 -0.73 7.94 -0.32 0.06 -6.00 -4.00 -2.00 0.00 2.00 4.00 6.00 8.00 10.00 Q212 Q312 Q412 Q113 Q213 Q313 Q413 Q114 Q214

CAPEX (NOK million) and CAPEX/Sales (%) Net interest bearing debt (NOK) and

Earnings per share Cash flow from operating activities/share

CAPEX Net interest bearing debt

Note: NIBD/EBITDA according to bank definition.

High reported tax rate. Underlying rate of around 30% Financials

Schibsted reports a high tax rate mainly because tax benefits from losses in Online classifieds Investment phase are not recognized

	1H 2014
Reported profit (loss) before taxes	291
Share of profit (loss) of joint ventures and associated companies	418
Other losses for which no deferred tax benefit is recognized*	290
Gain on remeasurement of previously held equity interest in business combinations achieved in stages	-40
"Adjusted" tax base	959
Taxes	287
Adjusted effective tax rate (287/959)	30 %

*) Mainly online classifieds New ventures that are not in JVs.

Outlook

Outlook

Online Classifieds

• Solid footprint of market leading positions in Europe secures platform for future growth
• Positioning Leboncoin.fr and Blocket.se to capture the real estate and car potential
• Building next generation online classifieds in Norway and new mobile services across the portfolio
• Continued relatively high investments in high growth emerging market sites

• Digital transition program progressing as planned

• Online growth and cost reduction set to partly mitigate effects of print revenue declines

• Structural changes expected to put pressure on print advertising – particularly recruitment
• Continued some margin contraction in media houses during the print-to-digital transition period going forward

Q2 2014 38

Media Houses

Appendices

Spreadsheet containing detailed Q2 2014 and Historical and analytical Information can be downloaded from www.schibsted.com/ir

Appendices

Schibsted ASA basic data

Ticker	Oslo Stock Exchange: SCH Reuters: SBST.OL Bloomberg: SCH NO
Number of shares (17 July 2014)	108,003,615
Treasury shares (17 July 2014)	606,220
Number of shares outstanding	107,397,395
Free float*	73%
Share price (17 July 2014)	NOK 329.70
Market cap (17 July 2014)	NOK 35.6 bn., EUR 4.4 bn., USD 5.9 bn., GBP 3.4 bn.
Average daily trading volume LTM	252,000 shares

*) Total number of shares excluding treasury shares and shares owned by Blommenholm Industrier AS.

Continued good online performance, increased investments in New ventures

	Revenues Q2 2014	Reported change y/y	Online share of revenues	EBITDA margin Q2 14 Q2 13
Schibsted Media Group	3,834	-1 %	54 %	15 % 15 %
Online Classifieds	1,225	12 %*	100 %	32 % 28 %
*) 15 % growth ex Spain
Online Classifieds ex Investment phase	1,193	11 %	100 %	44 % 49 %
- Finn.no	388	3 %	100 %	47 % 55 %
- Blocket.se/Bytbil.se	227	9 %	100 %	52 % 53 %
- Leboncoin.fr	325	20 %	100 %	69 % 68 %
Schibsted Norge media house	1,591	-3 %	22 %	11 % 15 %
Schibsted Sverige media house	946	3 %	45 %	9 % 7 %

Key financial figures

	Per Q2 2014	2013	Full year 2013
Gross operating profit (EBITDA) (NOK million)	984	859	1 777
Gross operating profit (EBITDA) ex new ventures (NOK million)	1 262	1 302	2 647
Operating margins (%):
Operating margin (EBITDA)	1 3	1 2	1 2
Operating margin (EBITDA) ex new ventures	1 7	1 8	1 8
EPS (NOK)	(0.27)	2.22	9.43
Net cash flow from operating activities (NOK million)	348	(145)	716
Cash flow from operating activities per share (NOK)	3.24	(1.36)	6.67
Profit attributable to owners of the parent	(29)	238	1 011
Average number of shares (1 000)	107.365	107.213	107.274

Capital structure

	Per Q2	Full year
	2014	2013	2013
Investments (NOK million):
Operational investments (capex)	321	186	520
Shares and other holdings	671	3 8	935
Interest bearing borrowings (NOK million)	2 641	3 304	2 317
Net interest bearing debt (NOK million)	2 183	2 185	1 115
Interest bearing debt ratio (%)	1 7	2 0	1 4
Equity ratio(%) 1)	4 4	4 0	4 6

1) Treasury shares are offset against equity

Appendices

Shareholder register

Data as of 30 June 2014
Rank Name	Holding	Share
1 Blommenholm Industrier AS	28 188 589	26,1 %
2 Folketrygdfondet	7 486 976	6,9 %
3 NWT Media As	4 292 239	4,0 %
4 Morgan Stanley & Co LLC *	4 000 000	3,7 %
5 JP Morgan Clearing Corp. *	3 302 000	3,1 %
6 The Northern Trust Company Ltd. *	2 672 320	2,5 %
7 Goldman Sachs & Co Equity Segregation *	2 542 180	2,4 %
8 UBS AG, London Branch *	2 139 745	2,0 %
9 The Bank Of New York Mellon *	1 980 200	1,8 %	% of foreign shareholders**	56,7 %
10 Citibank, N.A. *	1 902 283	1,8 %	Number of shareholders	4 576
11 Clearstream Banking S.A. *	1 889 134	1,7 %	Number of shares	108 003 615
12 J.P. Morgan Chase Bank N.A. London *	1 858 202	1,7 %	Shares ow ned by Schibsted	606 220
13 Montague Place Custody Services *	1 760 994	1,6 %
14 J.P. Morgan Chase Bank N.A. London *	1 221 669	1,1 %	Largest countries of ownership
15 Credit Suisse Securities (USA) LLC *	1 154 447	1,1 %	Norw ay**	43,3 %
16 J.P. Morgan Chase Bank N.A. London *	1 138 128	1,1 %	USA	28,2 %
17 The Northern Trust Co. *	1 107 493	1,0 %	United Kingdom	13,5 %
18 State Street Bank & Trust Company *	1 079 586	1,0 %	Sw eden**	4,9 %
19 State Street Bank And Trust Co. *	1 078 051	1,0 %	Luxembourg	2,6 %
20 Citibank, N.A. *	955 577	0,9 %	Australia	2,5 %
Source: VPS
*) Nominee accounts
**) NWT Media AS is counted for as a Sw edish shareholder.

% of foreign shareholders**	56,7 %
Number of shareholders	4576
Number of shares	108 003 615
Shares ow ned by Schibsted	606 220

Largest countries of ownership
Norw ay**	43.3 %
ISA	28.2 %
United Kingdom	13.5%
Sw eden**	$4.9\%$
Luxembourg	2.6%
Australia

Data as of 30 June 2014. Updated information at: www.schibsted.com/en/ir/Share/Shareholders/

Shareholder analysis – top 25 holders Appendices

Rank Fund manager	%	Shares
1 Blommenholm Industrier AS	26,10	28 188 589
2 Luxor Capital Group, L.P.	9,68	10 451 173
3 Folketrygdfondet	6,62	7 151 062
4 Baillie Gifford & Co.	5,96	6 431 754
5 NWT Media As	3,70	4 000 000
6 Caledonia (Private) Investments Pty Limited	3,21	3 466 417
7 Alecta pensionsförsäkring, ömsesidigt	3,06	3 302 000
8 SAFE Investment Company Limited	1,87	2 023 657
9 Capital Research Global Investors	1,76	1 902 283
10 Marathon Asset Management LLP	1,72	1 860 390
11 Adelphi Capital LLP	1,65	1 784 496
12 Cadian Capital Management LP	1,50	1 624 032
13 Taube, Hodson, Stonex Partners, LLP	1,42	1 531 968
14 Tw eedy, Brow ne Company LLC	1,39	1 505 622
15 Sw edbank Robur AB	1,32	1 422 900
16 Nordea Funds Oy	1,13	1 215 254
17 Danske Capital (Norw ay)	1,03	1 108 100
18 The Vanguard Group, Inc.	0,99	1 065 989
19 Fidelity Worldw ide Investment (UK) Ltd.	0,95	1 024 322
20 KLP Forsikring	0,90	975 342
21 Storebrand Kapitalforvaltning AS	0,87	942 996
22 DNB Asset Management AS	0,85	922 639
23 Platinum Investment Management Ltd.	0,77	836 098
24 MSD Capital, L.P.	0,75	814 677
25 Miura Global Management, LLC	0,72	780 000

Source: Nasdaq OMX. Data as of 25 June 2014.

The shareholder ID data are provided by Nasdaq OMX. The data are obtained through the analysis of beneficial ownership and fund manager information provided in replies to disclosure of ownership notices issued to all custodians on the Schibsted share register. Whilst every reasonable effort is made to verify all data, neither Nasdaq OMX or Schibsted can guarantee the accuracy of the analysis.

Updated information at:

www.schibsted.com/en/ir/Share/Shareholders/

Appendices

Key operations – Online classifieds

Q2	Q2	1st half-year		FY
2013	2014 Finn.no (MNOK)	2014	2013	2013
376	388 Operating revenues	764	708	1,406
208	182 EBITDA	337	353	691
55 %	47 % EBITDA margin	44 %	50 %	49 %
Q2	Q2	1st half-year		FY
2013	2014 Blocket.se/Bytbil.se (MSEK)	2014	2013	2013
232	252 Operating revenues	475	424	866
124	131 EBITDA	245	214	448
53 %	52 % EBITDA margin	52 %	50 %	52 %
Q2	Q2	1st half-year		FY
2013	2014 Leboncoin.fr (MEUR)	2014	2013	2013
33.0	39.6 Operating revenues	75.4	61.4	124.3
22.4	27.2 EBITDA	51.7	42.2	83.6
68 %	69 % EBITDA margin	69 %	69 %	67 %

Strong growth in new ads per day in Online classifieds new ventures

Daily new ads, investment phase companies

Note: the graph include figures for (alphabetical order): Ayosdito, Berniaga, Bikhir, Bomnegocio, Custojusto, Chotot, Jofogas, Kapaza, Kufar, Segundamano.mx, Tocmai, Tori, Tutti and Yapo.

Appendices

Key operations – Media houses

Q2	Q2		1st half-year	FY
2013	2014 Verdens Gang (MNOK)	2014	2013	2013
490	512 Operating revenues	1,004	967	1,951
348	330 of which offline	650	688	1,365
142	182 of which online	354	279	586
81	83 EBITDA	155	154	313
17 %	16 % EBITDA margin	15 %	16 %	16 %
					Norway
Q2	Q2 Schibsted Norge subscription		1st half-year	FY
2013	2014 newspapers (MNOK)	2014	2013	2013
947	880 Operating revenues	1,738	1,844	3,571
855	745 of which offline	1,479	1,679	3,214
92	135 of which online	259	165	357
131	104 EBITDA	149	208	365
14 %	12 % EBITDA margin	9 %	11 %	10 %
Q2	Q2		1st half-year	FY
2013	2014 Aftonbladet (MSEK)	2014	2013	2013
516	528 Operating revenues	1,014	1,010	2,051
360	342 of which offline	657	701	1,430
156	186 of which online	357	309	621
56	57 EBITDA	102	113	287
11 %	11 % EBITDA margin	10 %	11 %	14 %
Q2	Q2		1st half-year	FY
2013	2014 SvD (MSEK)	2014	2013	2013	Sweden
273	246 Operating revenues	488	526	1,033
4	12 EBITDA	14	(7)	1
1 %	5 % EBITDA margin	3 %	(1 %)	0 %
Q2	Q2 Schibsted Growth		1st half-year	FY
2013	2014 (MSEK)	2014	2013	2013
205	225 Operating revenues	465	407	857
19	40 EBITDA	98	40	131
9 %	18 % EBITDA margin	21 %	10 %	15 %

Advertising – Print editions

Per Q2	Volume1) 2014	Change 2013-2014	Revenues (NOK million)	Change 2013-2014
Schibsted Norge, subscription newspapers	54 114	(11) %	684	(19) %
Verdens Gang	5 500	(5) %	116	(18) %
Aftonbladet 2)	8 679	3 %	132	(13) %
Svenska Dagbladet 2)	10 432	(12) %	195	(14) %
1) Column meters 2) SEK million

Appendices

Historical development

• Chr. Schibsted Forlag (publishing house) founded
• Christiania Adresseblad launched in Oslo renamed Aftenposten in 1861
• Takeover of VG
• Reorganisation from a private family company to a limited company
• Listing at the Oslo Stock Exchange with a growth strategy declaration
• First TV and film investments
• First New Media/Internet investments
• First investments in Kanal 2 in Estonia
• Acquisition of Aftonbladet
• Acquisition of Svenska Dagbladet
• Investment in Eesti Meedia Group
• Launch of the free newspaper concept 20 Minutes
• Launch of Finn
• Acquisition of Blocket
• Acquisition of Hitta.se

• Launch of Sesam and acquisition of Internettkatalogen

• Schibsted International Classifieds & Search launch of Willhaben.at and LeBoncoin.fr

• Acquisition of selected assets of Trader Classified Media (International Classifieds Acquired)
• Divestment of ownership in TV 2
• Divestment of ownership TV4
• Media Norge approved by Schibsted's general meeting
• Rolv Erik Ryssdal new CEO
• Media Norge and Schibsted Sverige established
• Increased ownership in Finn.no and InfoJobs.net
• Non core activities Metronome, Retriever, Basefarm, Teleadress divested
• Increased ownership in Leboncoin.fr from 50% to 100%
• Merger with Media Norge.
• The Blocket-copy Bomnegocio.com launched in Brazil
• Schibsted Norge AS established
• Full ownership in Anuntis Segundamano
• SnT Classifieds established with Telenor as partner

See also:http://www.schibsted.com/en/About-Schibsted/History/

Appendices

Investor information

• Visit Schibsted's homepages
• www.schibsted.com/ir
• Jo Christian Steigedal, VP Investor Relations jcs@schibsted.no Tel: +47 2310 6600 Mobile: +47 415 08 733

Schibsted ASA Apotekergaten 10, P.O. Box 490 Sentrum, NO-0105 Oslo Tel: +47 23 10 66 00. Fax: +47 23 10 66 01. E-mail: schibsted@schibsted.no www.schibsted.com