Schibsted (OSL:SCH) Schibsted is in the process of refinancing the EUR 400 million bridge loan through which the acquisition of Trader Classified Media was financed in 2006. The banks have given their commitments and the new facility will total EUR 500 million. The facility is a three year multi-currency drawing facility. The agreement will be signed in October.

Oslo, 20 October 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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