Schibsted (OSL:SCH) Jan Erik Knarbakk, EVP in Schibsted ASA, has on 21 November 2008 bought 1,000 shares in Schibsted at NOK 68.00 and 500 shares at NOK 67.50. Knarbakk now holds 11,563 shares.

Oslo, 24 November 2008 SCHIBSTED ASA

Jo Christian Steigedal, IR Officer

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Schibsted

http://www.schibsted.no/

ISIN: NO0003028904

Stock Identifier: XOSL.SCH

US: Other OTC:SBSNF.PK

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