Schibsted Media Group has on 21 August 2018 sold 13,772 treasury B-shares to participants in the Employee Share Saving Plan at a price of NOK 266.00 per B-share (the price is set according to standard procedure for the program two days after release of Schibsted's Q2 report, the closing price 19 July 2018). The shares will be transferred to the participants in the coming days. The transaction is related to the second enrolment window in the Employee Share Saving Plan for 2018 which closed in March, and based on savings made during April, May and June.

In addition, Schibsted Media Group has on 21 August 2018 sold 5,590 treasury B-shares to participants in the Employee Share Saving Plan at a price of NOK 265.00 per B-share (the closing price on the vesting date for the two year holding period, 23 July 2018). The shares will be transferred to the participants in the coming days. The transaction is related to bonus matching shares given to employees who enrolled in the Employee Share Saving Plan for 2016.

Shares sold and transferred to primary insider employees and allocated bonus shares are disclosed in the attachment.

After the transactions Schibsted ASA holds 256,227 treasury A-shares and 29,973 treasury B-shares.

For more information on the employee share saving plan please refer to the disclosure published 9 April 2014.

Oslo, 22 August 2018 SCHIBSTED ASA

Jo Christian Steigedal IRO

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

Attachment