SHARE BUY-BACK PROGRAM

Reference is made to the Annual General Meeting on June 3, 2014 and the approval of the Company's new Restricted Stock Unit ("RSU") program as well as the approval of an authorization for the Board to acquire treasury shares. The Board authorization has been registered with the Norwegian Register of Business Enterprises. Following such registration the Board has passed a policy resolution that it is the intention of the Board to finance exercised RSUs by utilizing the authorization and thereby acquiring shares in the market. Such buy-backs will be made over the stock exchange in accordance with applicable rules and regulations, and buy-back of shares may take place during the term of the RSU program. Any buy-backs taking place will be notified to the market in accordance with applicable laws and stock exchange regulations.

Petter Lade, Investor Relations

Tel: +47 2369 2400

About Opera Software ASA

Opera products enable more than 350 million internet consumers worldwide to discover and connect with the content and services that matter most to them, no matter what device, network or location. In turn, we help advertisers reach the audiences that build value for their businesses. Opera also delivers products and services to more than 130 mobile operators around the world, enabling them to provide a faster, more economical and better network experience to their subscribers. From family photos and funny videos to business ideas that change the world economy, the internet has always been about discovery. Whether you are a consumer getting online for the first time, or a multinational corporation trying to reach the right audience, Opera can help you discover more online. Opera Software ASA is listed on the Oslo Stock Exchange under the ticker symbol OPERA. 'Opera', 'Opera Software', 'Opera Mini' and the 'O' logo are trademarks of Opera Software ASA. All other trademarks are the property of their respective owners. Learn more about Opera at www.opera.com.