Mandatory notification of trade

On 2nd of November 2012, DNB has, on behalf of Opera Software, purchased 5,550 shares for use in the group's employee share purchase plan (ESPP). The shares have been acquired at a price of NOK 31.14, based on an average price obtained by option holders in the period of 1st– 2ndof November. The discounted share price to the employees is NOK 26.47 per share. The following primary insider has purchased shares:

Aaron Michael McParlan, purchased 321 shares at NOK 26.47. Following this transaction, McParlan holds a total of 648 shares in Opera Software.

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.