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Share Issue/Capital Change • Dec 6, 2010

Schibsted ASA (SCH) - Schibsted ASA contemplating issuing new unsecured bonds

Schibsted ASA is contemplating issuing new unsecured bonds in the Norwegian bond

market with maturity in December 2013 and in December 2015.

As previously announced, the purpose of the contemplated bond issuance is to

increase the number of sources of financing and to diversify the Group's loan

structure.

Nordea Markets and SEB Merchant Banking are acting as Joint Managers for the

issuance.

For further information, please contact:

Nordea Markets

John Hoel

Tel: +47 22 48 77 85

SEB Merchant Banking

Petter Andreassen

Tel: +47 22 82 72 11

Schibsted ASA

Trond Berger, CFO

Tel: +47 916 86 695

Oslo, 6 December 2010

SCHIBSTED ASA

Jo Christian Steigedal

VP Investor Relations

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

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