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Vend Marketplaces ASA

Regulatory Filings Sep 30, 2014

3738_iss_2014-09-30_c9fc34fa-8113-4f1c-a0cf-1e670f5cb276.html

Regulatory Filings

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Schibsted ASA (SCH) - Schibsted divests real estate in Stavanger

Schibsted ASA (SCH) - Schibsted divests real estate in Stavanger

Schibsted Media Group has entered into an agreement to sell the Stavanger

Aftenblad office building at Nykirkebakken 2 in the centre of Stavanger for NOK

378 million. The building mainly consists of office space, totally gross

approximately 12,000 square meters.

The transaction is completed at the end of Q3 2014, and Schibsted expects to

book a gain of around NOK 90 million. Net cash contribution to Schibsted is NOK

363 million.

Schibsted has a lease contract for the offices in Nykirkebakken 2 which expires

at the end of Q3 2026, with options to prolong. At the Schibsted group level the

sale will have a net negative annual effect on gross operating profit (EBITDA)

of around NOK 25 million.

Oslo, 30 September 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#1859753]

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