Vend Marketplaces ASA - M&A Activity 2015

Schibsted ASA (SCH) - Online classifieds joint ventures transactions closed

Schibsted Media Group announced on 13 November 2014 an agreement to establish

joint ventures for the development of online classifieds platforms in four key

markets - Brazil, Indonesia, Thailand and Bangladesh.

The transactions closed on 9 January 2015 after all conditions precedent have

been satisfied, and the joint ventures are now established.

The establishment of the joint ventures will bring substantial benefits to

consumers, as they will be able to buy and sell goods on better and more

comprehensive market places. The businesses will also be able to share cost,

expertise and people to more effectively build awareness of the benefits of a

vibrant online classifieds offering to consumers.

Contact information:

Trond Berger, CFO, [email protected], +47 916 86 695

Jo Christian Steigedal, VP Investor Relations, [email protected], +47 415 08 733

Oslo, 9 January 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#1885547]

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