Exercise of employee share options in Opera Software ASA

Reference is made to the statement dated November 2nd, 2012. The payment has been determined based on a selling price of 31.14 per share.

Petter Lade, Investor Relations
Tel: +47 2369 2400

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.