Grant of options

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Oslo, December 14, 2011 - The Board of Directors has granted the
following primary insider options on December 13, 2011:
Nils Broström, VP Communications, 20,000 options of which 50% become
exercisable after 3 years and 50% become exercisable after 4 years, each
with a strike price equal to the market price on December 13. (NOK
28.30). After this, the employee holds 20,000 options in Opera Software.

Petter Lade, Investor Relations

Tel: 47 2369 3444

Opera Software ASA has redefined Web browsing for PCs, mobile phones and other networked devices. Opera's cross-platform Web browser technology is renowned for its performance, standards compliance and small size, while giving users a faster, safer and more dynamic online experience. Opera Software is headquartered in Oslo, Norway, with offices around the world. The company is listed on the Oslo Stock Exchange under the ticker symbol OPERA. Learn more about Opera at http://www.opera.com.