Mandatory notification of trade

On 15th December 2011, DnB NOR has, on behalf of Opera Software, purchased
6,635 shares for use in the group's employee share purchase plan (ESPP).
The shares have been acquired at a price of NOK 28,12, based on an
average price obtained by optionsholders in the period of 8th-15th
December. The discounted share price to the employee is NOK 23,90 per
share.

The following primary insider has purchased shares:

Joakim Kasbohm, purchased 355 shares at NOK 23,90. Following this
transaction, Kasbohm holds a total of 2,777 shares and 63,750 options
in Opera Software.

Jason Hoida, purchased 355 shares at NOK 23,90. Following this
transaction, Hoida holds a total of 5,928 shares and 199,000 options in
Opera Software.

Charles McCathieNevile, purchased 177 shares at NOK 23,90. Following
this transaction, McCathieNevile holds a total of 7,554 shares and 2,100
options in Opera Software.

Aaron Michael McParlan, purchased 177 shares at NOK 23,90. Following
this transaction, McParlan holds a total of 327 shares 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 (http://www.opera.com)

About Us

Opera Software ASA is an industry leader in the development of Web browsers for the desktop, device and mobile markets. The Opera browser has received international recognition from end-users and the industry press for being faster, smaller and more standards-compliant than other browsers, and it has gathered a cult following on the net.

Contacts

  • Opera Software ASA
    Waldemar Thranes gate 98 NO-0175 Oslo
    +47 24 16 40 00
    +47 24 16 40 01