Mandatory notification of trade

On November 12, 2018  the following primary insiders have purchased shares in Otello Corporation

Lars Boilesen, CEO, purchased 35 000 shares at an average price of 13.10NOK per share. After completion of the transaction Lars Boilesen holds 251 738 shares in Otello Corporation. In addition, Lars Boilesen holds 1 200 000 unexercised options and 14 742 RSUs in the Company.

Petter Lade, CFO, purchased 20 000 shares at an average price of 13.02NOK per share. After completion of the transaction Petter Lade holds 61 888 shares in Otello Corporation. In addition, Petter Lade holds 290 000 unexercised options in the Company.

Petter Lade, CFO

Phone: +47 91143878

E-mail: petterl@otellocorp.com

About Otello: Otello holds shares in several different businesses, including (i) AdColony which helps publishers monetize their content through advertising and advertisers reach the audiences that build value for their businesses, capitalizing on a global consumer audience reach that exceeds 2 billion; (ii) Bemobi, a Mobile Media and Entertainment company which integrate people and mobile content through technology and offers a leading subscription-based discovery service for mobile apps in Latin America and beyond; (iii) Skyfire which offers cloud-based network solutions for mobile operators and (iv) Vewd which offers OTT services in the Connected TV space.