Hitt og þetta 18. ágúst 2006

Schibsted ASA (SCH) - Negotiations regarding possible integration on the owner side

There have been negotiations between the regional newspapers Adresseavisen, Aftenposten, Bergens Tidende, Fædrelandsvennen and Stavanger Aftenblad regarding a possible integration on the owner side. The ambition is to form a leading media group listed on the Oslo Stock Exchange. Yesterday, the board of directors of Schibsted ASA gave a mandate in order for the company to continue its negotiations with the regional newspapers regarding such a possible integration on the owner side.

Contact person: Chairman of the board of Schibsted ASA, Ole Jacob Sunde, tel. +47 99 28 82 20

Oslo, August 18th, 2006 Schibsted ASA

Astrid Thommesen Sæbø Investor Relations

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