The Offer is not being made, and this press release may not be distributed, directly or indirectly, in or into, nor will any tender of shares be accepted from, or on behalf of, holders in, Australia, Canada, Japan, New Zealand, South Africa or USA, or any other jurisdiction in which the making of the Offer, the distribution of this press release or the acceptance of the Offer would contravene applicable laws or regulations or require further offer documents, filings or other actions in addition to those required under Swedish law.

Press release, 17 January 2012

Schibsted ASA (SCH) - Offer Document in Relation to Schibsted's Recommended Cash Offer to the Shareholders in Aspiro Made Public

Schibsted ASA ("Schibsted") announced on 12 January 2012 an offer to the shareholders in Aspiro AB ("Aspiro") to acquire all the shares in Aspiro for SEK 1.65 in cash per share (the "Offer"). Aspiro's Board of Directors has recommended the shareholders to accept the Offer.

The offer document regarding Schibsted's offer was made public today.

The offer document is available at Schibsted's website (www.schibsted.com/en) and Nordea's website (www.nordea.se/placera) and it will be distributed to shareholders in Aspiro whose shares were directly registered with Euroclear Sweden AB on 13 January 2012.

The acceptance period for the Offer commences on 18 January 2012 and ends on 15 February 2012.

Settlement will begin as soon as Schibsted has announced that the conditions for the Offer have been satisfied or that Schibsted has otherwise resolved to complete the Offer. Assuming that such an announcement is made no later than on 17 February 2012, it is estimated that settlement will begin on or about 21 February 2012.

Schibsted reserves the right to extend the acceptance period for the Offer, as well as the right to postpone the settlement date (payment to shareholders).

For additional information about the Offer, please visit www.schibsted.com/en or contact Nordea at
+46 8 678 04 40.

The information in this press release was submitted for publication on 17 January 2012 at 17:15 (CET).


Media contact

For questions, please contact:
Trond Berger, CFO. Mobile: +47 916 86 695
Jo Christian Steigedal, VP Investor Relations. Mobile: +47 415 08 733

Important notice

The Offer is not being made to persons whose participation in the Offer requires that any additional offer document is prepared or registration effected or that any other measures are taken in addition to those required under Swedish law. This press release and any documentation relating to the Offer are not being distributed and must not be mailed or otherwise distributed or sent in or into any country in which the distribution or offering would require any such additional measures to be taken or would be in conflict with any law or regulation in such country - any such action will not be permitted or sanctioned by Schibsted. Any purported acceptance of the Offer resulting directly or indirectly from a violation of these restrictions may be disregarded.

The Offer is not being made, directly or indirectly, in or into Australia, Canada, Japan, New Zealand, South Africa or USA by use of mail or any other means or instrumentality (including, without limitation, facsimile transmission, electronic mail, telex, telephone and the Internet) of interstate or foreign commerce, or of any facility of national security exchange, of Australia, Canada, Japan, New Zealand, South Africa or USA, and the Offer cannot be accepted by any such use, means, instrumentality or facility of, or from within, Australia, Canada, Japan, New Zealand, South Africa or USA. Accordingly, this press release and any documentation relating to the Offer are not being and should not be mailed or otherwise distributed, forwarded or sent into Australia, Canada, Japan, New Zealand, South Africa or USA. Schibsted will not deliver any consideration from the Offer into Australia, Canada, Japan, New Zealand, South Africa or USA.

Statements in this press release relating to future status or circumstances, including statements regarding future performance, growth and other trend projections and the other benefits of the Offer, are forward-looking statements. These statements may generally, but not always, be identified by the use of words such as "anticipates", "intends", "expects", "believes", or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of Schibsted and Aspiro. Any such forward-looking statements speak only as of the date on which they are made and Schibsted has no obligation (and undertakes no such obligation) to update or revise any of them, whether as a result of new information, future events or otherwise, except for in accordance with applicable laws and regulations.

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




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Schibsted via Thomson Reuters ONE

HUG#1578271

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