Vend Marketplaces ASA

M&A Activity • Apr 24, 2014

Schibsted ASA (SCH) - Milanuncios acquisition expected to be closed in Q2 2014

Schibsted ASA (SCH) - Milanuncios acquisition expected to be closed in Q2 2014

On 13 February 2014 Schibsted Media Group announced an agreement to acquire the

Spanish online classifieds site Milanuncios.com. On 24 April 2014, the

transaction was filed with the Spanish Competition Authority (CNMC).

Schibsted has been in dialogue with CNMC since the announcement of the

agreement. Schibsted expects the acquisition to be cleared by the authority, and

the transaction is likely to be closed during Q2 2014.

Oslo, 24 April 2014

SCHIBSTED ASA

Jo Christian Steigedal

VP Investor Relations

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1779689]