Pokemon Planet Wikia

Exp Share is an item obtained by fainting or capturing wild Pokémon. It splits the experience points that the user earned in Pokémon battles.

To use Exp Share, drag the item to the item slot in your Pokémon by clicking their name above. This way the experience will be split equally between the two Pokémon.

*Keep in mind that the Pokémon that you give the Exp Share gets the shared experience points.

Note: The Drop Rate of this item is still not clearly known

the enhanced Exp Share can be traded in the elite shop near the Pokemon center in kanto elite four .its is traded for elite tokens

Note: You have to beat the kanto elite four to unlock the elite shop, but not to get the xp share.