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Major Shareholding Notification • Jul 31, 2019

Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade

Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade

Ringgården AS, of which primary insider Ole Jacob Sunde, Chair of the Board of

Schibsted ASA, ownes 31.481% of the shares, has 30 July 2019, transferred 40,000

A-shares and 100,000 B-shares in Schibsted ASA from Ringgården AS to Nye

Ringgården AS. Related party of Ole Jacob Sunde, according to the Securities

Trading act section 2-5 (1), owns an additional  31.481% of the shares in

Ringgården AS.

The share transfer is an internal transaction between companies in the same

group, and is done by way of contribution in kind at book value in connection

with the formation of Nye Ringgården AS, a wholly owned subsidiary of Ringgården

AS. All shares previously held by Ringgården AS, are now owned by Nye Ringgården

AS.

Total number of shares in Schibsted controlled directly or indirectly by Ole

Jacob Sunde and related parties remains unchanged at 40,000 A-shares and

100,000 B-shares after the transaction.

Oslo 31 july 2019

SCHIBSTED ASA

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act